📷 Image: Wikimedia Commons / Kingshuk Mondal
Crime
Three arrested in Sagar stock‑market investment fraud, main suspect still at large
✍️ Amar Ujala · Madhya Pradesh
🗓 29 Oct 2026, 09:16 PM
👁 12
Madhya Pradesh police uncovered a fraud ring posing as stock‑market investors in Sagar, arresting three members while the alleged mastermind remains on the run.
The police in Motinagar, Sagar, Madhya Pradesh, announced the bust of a criminal network that had been soliciting victims under the pretext of stock‑market investments. Investigators say the gang used fabricated promises of high returns to lure individuals into handing over money.
During the operation, three individuals identified as part of the group were taken into custody. The primary accused, who is alleged to have coordinated the scheme, managed to evade arrest and remains at large.
Law enforcement officials seized several mobile phones, bank transaction records and other financial documents from the suspects' premises. These items are expected to help trace the flow of funds and identify additional victims.
The case has been registered under fraud and cheating provisions, and the police have urged anyone approached with similar investment offers to report to the authorities immediately.
During the operation, three individuals identified as part of the group were taken into custody. The primary accused, who is alleged to have coordinated the scheme, managed to evade arrest and remains at large.
Law enforcement officials seized several mobile phones, bank transaction records and other financial documents from the suspects' premises. These items are expected to help trace the flow of funds and identify additional victims.
The case has been registered under fraud and cheating provisions, and the police have urged anyone approached with similar investment offers to report to the authorities immediately.