CBI Arrests Two Fugitives After 20 Years in SBI Fraud Case
According to officials, the case was registered on August 31, 2005, relating to alleged misappropriation of funds between November 2002 and June 2005.
New Delhi: The Central Bureau of Investigation (CBI) on Monday said it had arrested two fugitives, Brijbhushan Prasad and Kartar Singh, who were facing an Interpol Red Notice and had been absconding for over two decades in connection with an alleged fraud of ₹1.25 crore at a State Bank of India branch in Dhanbad.
According to officials, the case was registered on August 31, 2005, relating to alleged misappropriation of funds between November 2002 and June 2005.
The agency said the accused had fled to Nepal to evade arrest after the CBI took over the probe. A Red Notice was subsequently issued against them and a reward of ₹25,000 was announced for information leading to their arrest.
"Subsequently, the accused were declared proclaimed offenders by the court... Based on sustained efforts, technical inputs, meticulous follow-up and coordinated action by CBI, both the proclaimed offenders, who had been absconding for nearly two decades and were living under assumed identities to evade arrest, were apprehended on June 21, 2026 in a simultaneous operation conducted at two different locations," a CBI spokesperson said.
Prasad was arrested from Kopargaon in Ahmednagar district of Maharashtra, while Singh was apprehended from Raipur in Chhattisgarh, officials said.
