Overview

• Tomy A.V. and Shiny Tomy disappeared July 3 after their phones were switched off and their A&A Chit Funds office was found locked, prompting a citywide manhunt by Ramamurthy Nagar police.
• Authorities registered an FIR on July 5 under the Chit Funds Act, the Banning of Unregulated Deposit Schemes Ordinance and sections 318(4) and 316(2) of the Bharatiya Nyaya Sanhita.
• Investors have filed at least 265 complaints reporting total losses estimated by police to exceed ₹40 crore.
• The couple operated A&A Chit Funds since 2005, recruiting through Malayali community networks and promising returns of 15–20 percent to build credibility.
• Investigators are examining financial records and pursuing asset recovery as they probe whether the pair fled the city or overseas.