Overview
- Rajendra Lodha was detained by the Mumbai Crime Branch’s property cell from his Worli residence and taken into custody.
- He was produced in court and remanded to police custody until September 23 as the probe continues.
- Investigators allege the fraud totals about ₹85 crore, citing illegal land dealings and unauthorized flat sales.
- The FIR alleges he issued threats to company executive Abhishek Lodha through aides, including a violent warning if action was taken.
- Lodha Developers said it enforces a zero‑tolerance policy, requested his resignation on August 17, and disclosed he is a fourth‑degree relative of its managing director and CEO.