Overview
- Sanjay Kumar Pakaudilal Bharti was detained on November 3 in a Kapurbawdi police operation following a tip-off.
- Deputy Commissioner of Police Prashant Kadam said the scheme used bogus notes and gold-like biscuits to entice small investors with quick, high returns.
- Officers recovered currency marked with the imprint ‘Bharatiya Bachcho Ka Bank’ and 38 biscuits resembling gold from the suspect.
- The complaint was filed by Nitesh Harishchandra Shelke, who was told Rs 1 lakh would become Rs 3 lakh within three weeks.
- Police say an associate fled the scene and remains at large as efforts continue to trace more victims and accomplices.