CBI arrests absconding accused in bank fraud case

New Delhi [India], September 11 (ANI): The Central Bureau of Investigation (CBI) has successfully arrested an absconding accused in a bank fraud case.
According to a release, CBI registered the instant case on January 1, 2017, against the accused on the allegation that the accused was involved in fraudulent transactions of demonetised currency through fictitious bank accounts, causing a wrongful loss of Rs 11.79 crores to the Government of India.
Investigation revealed that the accused opened a bank account under an assumed identity to facilitate the crime.
After absconding, a charge sheet naming him as an absconder was filed in December 2019. He consistently evaded trial, ignored repeated summons and non-bailable warrants, and deliberately concealed his identity by frequently changing residences and maintaining a low profile, the release highlighted.

His arrest in Kolkata on September 10, 2025, was made possible through the use of advanced technological tools applied across multiple databases, combined with extensive professional fieldwork. These efforts successfully tracked his current whereabouts, it said.
Produced before the competent court on September 11, 2025, the accused has been remanded to judicial custody.
This arrest highlights the critical role of technology and determined fieldwork in enhancing the ability of investigative agencies to bring fugitives to justice and underscores the CBI's resolve in this endeavour. (ANI)