Kolkata: Three fugitive businessmen, known as Pandey Brothers from the Shibpur area of West Bengal's Howrah district have been arrested by Kolkata Police from Gujarat and Odisha on Friday morning.
Police sources said that the three accused-Sailesh, Rohit and Arvind Pandey- from whose accounts earlier police uncovered illegal transactions of Rs 207 crore. Police sources said that one more person has been arrested in the case taking the total number of arrests to four.
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They further revealed that the investigators will present the accused in court and seek remand of the accused. They further revealed that the Pandey Brothers are also involved in illegal chit funds and fraudulent online gaming apps. "We will seek to know through interrogation where else they have stashed unaccounted for cash," police sources said.
Kolkata Police raided the residences of Sailesh and Arvind Pande in Shipbur and seized cash worth around Rs 8 crore. A large quantity of gold and diamond jewellery was also seized. Police sources said that deposits worth Rs 20 crore from two bank accounts of Sailesh Pande have been frozen.
