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ED attaches 45 Hyderabad properties in MMTC fraud case

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Enforcement-Directorate

The Enforcement Directorate has attached 45 immovable properties worth Rs 363.51 crore of M/s MBS Jewellers Private Limited, M/s MBS Impex Private Limited, Sukesh Gupta, Anurag Gupta, Neetu Gupta, Vandana Gupta and their other group entities on August 26, under provisions of the PMLA, 2002.

According to ED officials, investigation into money laundering was initiated on the basis of FIR registered by the ACB, the CBI against Sukesh Gupta & his companies for defrauding M/s MMTC Limited (a Public Sector Enterprise) in purchase of gold bullion under Buyer’s Credit Scheme. Sukesh Gupta in active connivance with few officials of MMTC Hyderabad, had continuously lifted gold without forex cover & without adequate security deposits. His dues were consistently mis-reported to the MMTC Head Office and without squaring off the existing losses, his firms continued lifting gold from MMTC for their personal gain and thereby caused a loss of public money to the tune of Rs 504.34 crore (including interest up to 31.05.2021 of Rs 277.52 crore) to MMTC. The CBI has filed a charge sheet against Sukesh Gupta & others in 2014.

During ED investigation, it was found that Sukesh Gupta colluded with various officers of the MMTC Hyderabad and painted a wrong picture of his accounts and kept on lifting Gold to carry on its business as usual.

As a result, while MMTC suffered a huge loss, Sukesh Gupta earned huge profits. On the basis of his business profile, he took loans and struck real estate deals and grew his business in the name of various related companies, the ED stated in a release issued on Saturday.

The statement noted,” all through the investigation, the conduct of Sukesh Gupta has been evasive and non-cooperative and he has failed to discharge the burden of proof imposed on him under the PMLA, 2002″.

In another case under FEMA, the ED has adjudicated and levied a penalty of around Rs 222 crore on the MBS Group.

Sukesh Gupta also entered into a OTS (One time settlement) with M/s MMTC in 2019. But as per the latest reports from MMTC, Sukesh Gupta did not deposit any funds and the OTS has failed. The ED has now identified 45 immovable properties belonging to him and his related entities and their directors and has provisionally attached these properties under PMLA on Aug 26 to safeguard the proceeds of crime.

Further investigation is in progress.

Crime

Delhi Police arrests thief who stole jewellery from relative’s house; gold items recovered

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New Delhi, Nov 24: Delhi Police on Monday arrested a thief who stole jewellery from his own relative’s house. The Bindapur Police Station team of the Dwarka district recovered the stolen gold items following the arrest.

According to a statement released by the Dwarka Police, the team recovered one gold chain with a locket, another gold chain, one pair of gold chains, one pair of gold earrings, two gold rings, and a 20-gram gold biscuit at the instance of the accused.

On November 9, an online e-FIR (No. 80106448/25) under Section 305 of the Bharatiya Nyaya Sanhita (BNS) was received at Bindapur Police Station. The police team reached the location and met the complainant, Manjinder Kaur, wife of Aslam Saleem and a resident of Arya Samaj Road, Uttam Nagar, Delhi. She reported that unknown persons had stolen jewellery from her residence. Based on her complaint, the aforementioned e-FIR was lodged.

Maintaining a zero-tolerance approach as directed by the DCP of Dwarka District, a dedicated crack team from Bindapur Police Station was formed to solve the case and apprehend the culprit. The team comprised Head Constable Neeraj, Head Constable Ashok, Constable Rajesh Dagar, and Constable Ashish, under the supervision of Inspector Naresh Sangwan, Station House Officer, and overall supervision of Rajkumar, Assistant Commissioner of Police, Dabri.

In pursuit of the investigation, the team visited the crime spot and examined CCTV footage from the house and surrounding areas. Notably, there were no signs of forced entry, no locks or doors had been broken leading the police to suspect involvement by someone familiar with the house or residing in the same building.

During the enquiry, it came to light that a cousin of the complainant had visited and stayed at the house for three days. Police questioned the cousin, identified as Parmjeet Singh, a resident of GTB Nagar, Lalhedi Road, Ludhiana, Punjab. When questioned, Parmjeet initially introduced himself as Sub-Inspector Parmveer Singh. However, he failed to produce any identity card and could not give a satisfactory answer regarding his alleged posting.

As his statements appeared suspicious, police conducted a more thorough interrogation. During sustained questioning, Parmjeet admitted that he worked as a commission agent dealing in old cars and ultimately confessed to committing the theft at the house of the complainant, who is the daughter of his maternal aunt.

He further revealed that he had hidden the stolen jewellery at his maternal grandfather’s house in Ambota, Himachal Pradesh, concealing it inside a bed. Based on his disclosure, Parmjeet was arrested, produced before the court, and placed under police remand. A police team accompanied him to Himachal Pradesh, where the stolen items were successfully recovered.

Further investigation is underway.

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Crime

Dahisar Woman Dies By Suicide After Years Of Alleged Abuse; Husband Arrested For Harassment And Abetment By MHB Police

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Mumbai: A 36-year-old woman, Sapna Tribhuvan, allegedly died by suicide by hanging herself with a cloth at her residence in Dahisar West after enduring prolonged mental and physical abuse over trivial family matters. Her husband, Gautam Tribhuvan, has been arrested by the MHB police for allegedly harassing her and abetting her suicide.

According to the FIR, the incident occurred on Monday, November 17, between 12 pm and 1 pm at Navagaon, Dahisar West.

The complainant, Sangeeta Mhaske, 54, has been residing in Nashik for the past five years, where she works in a reputed hospital. Sapna was her daughter and had married Gautam in November 2007.

According to Mhaske, Gautam began mentally and physically abusing Sapna shortly after their marriage over trivial household issues. He allegedly assaulted her frequently. Sapna had informed her mother about the harassment several times.

In 2021, exhausted by the constant abuse, Sapna left Gautam’s house with her two children and went to live with her mother. During this period, Gautam did not visit her even once, but continued to abuse and threaten her over the phone. Following these threats, Sapna filed a petition against him in family court. In May 2025, the couple reached a settlement on Gautam’s assurance, and Sapna returned to his Dahisar residence with their children, hoping for a better future.

Initially, things improved, but Gautam soon resumed mentally and physically abusing her. During this time, Sapna learned that he was allegedly having an extramarital affair. When she confronted him, he refused to end the relationship and allegedly told her to either leave the house or die by suicide. This caused her immense mental stress, and on Monday, November 17, she allegedly ended her life.

On receiving the news, Sangeeta Mhaske rushed to Mumbai with her son and daughter-in-law. At Bhagwati Hospital, she learned that doctors had declared Sapna dead. MHB police reached the spot and recorded her statement, in which she alleged that her daughter was consistently harassed, beaten, and tortured by Gautam, who was also involved in an extramarital affair.

Based on her complaint, the police registered a case against Gautam for harassment and abetment to suicide. He was arrested on Tuesday and later produced before a local court in Borivali, which remanded him to police custody.

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Crime

SC to hear Delhi Police arguments today against bail in 2020 riots case

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New Delhi, Nov 24: The Supreme Court is slated to continue hearing on Monday the bail pleas of student leaders Sharjeel Imam, Umar Khalid, Meeran Haider, Gulfisha Fatima, and Shifa-ur-Rehman — all accused under the stringent Unlawful Activities (Prevention) Act (UAPA) in the alleged “larger conspiracy” behind the 2020 North East Delhi riots.

As per the the causelist published on the apex court’s website, a Bench of Justices Aravind Kumar and N.V. Anjaria will continue to hear the submissions of the Delhi Police opposing bail.

In an earlier hearing, Solicitor General Tushar Mehta, representing the Delhi Police, had submitted that the 2020 violence was not a spontaneous communal clash but a “well-designed, well-crafted” attack on national sovereignty.

“Your lordships were told, there was a protest, and it resulted in communal riots. First of all, I would like the myth to be busted. This was not a spontaneous riot but well-designed, well-crafted, orchestrated, pre-planned, choreographed riots, and that will emerge from the evidence collected,” S-G Mehta submitted, claiming that evidence, including speeches and WhatsApp chats, revealed a “clear and discernible attempt to divide the society on communal lines”.

Referring specifically to Sharjeel Imam’s alleged statements, the Centre’s law officer had told the apex court: ‘He (Imam) says it is his heartfelt wish that there be a chakka jam in every city where Muslims reside.”

S-G Mehta also sought to place reliance on WhatsApp chats recovered by the Delhi Police, which allegedly show “how the property is to be damaged, how money is to be collected”, adding that it was “a systematic and synchronised attempt to divide the society and divide the nation”.

On Thursday, Additional Solicitor General (ASG) S.V. Raju, appearing for the Delhi Police, played before the top court video clips of Sharjeel Imam’s speeches as well as visuals of the 2020 riots.

ASG Raju submitted that the material revealed during the course of the investigation reflected a “clear, deliberate, and coordinated” attempt to provoke unrest. The Delhi Police, in its counter-affidavit, has described Umar Khalid as a “key conspirator” and “mentor” to others, including Imam, alleging that the conspiracy was pre-planned to coincide with the official visit of US President Donald Trump.

“This was done to draw the attention of ‘international media’ and to make the issue of CAA a global issue by portraying it as an act pogrom of the Muslim community in India. The issue of CAA was carefully chosen to serve as a ‘radicalising catalyst’ camouflaged in the name of ‘peaceful protest’,” the affidavit said.

Earlier, the Delhi High Court had rejected the bail pleas of all the accused.

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