The alleged ₹500 crore investment scam investigation intensified after Priti Sachin Rane was arrested and remanded to police custody until June 4. Investigators continue searching for Sachin Balkrishna Rane, while Sagar Subodh Karivadekar remains under arrest in related proceedings. Authorities are examining bank records, investor complaints, and digital evidence linked to alleged financial transactions involving multiple individuals. Complainants allege that crores of rupees were transferred through accounts connected with the accused and their associates, though investigators have not yet announced final conclusions regarding the disputed transactions.

₹500 Crore Investment Scam: Alleged Fraudster Priti Sachin Rane Arrested, Alleged Fraudster Sachin Balkrishna Rane Still Absconding

A major development has emerged in the alleged ₹500 crore investment scam after alleged fraudster Priti Sachin Rane was arrested and remanded to police custody. Investigators continue searching for alleged fraudster Sachin Balkrishna Rane, while alleged fraudster Sagar Subodh Karivadekar remains under arrest in connected proceedings.

The alleged ₹500 crore investment scam investigation has entered a significant phase after alleged fraudster Priti Sachin Rane was arrested and produced before a competent court. The court granted police custody until June 4, while alleged fraudster Sachin Balkrishna Rane continues to remain absconding, according to complainants and investigators familiar with the matter.

The latest arrest comes months after investors and complainants repeatedly sought action against individuals named in complaints relating to alleged investment activities, financial transactions, and disputed fund movements. Authorities are continuing their investigation into the allegations, which remain subject to judicial scrutiny and due legal process.

According to information available from the investigation, alleged fraudster Sagar Subodh Karivadekar had already been arrested earlier in separate proceedings and is also facing scrutiny in connection with allegations linked to the wider investment scam.

The case has attracted considerable public attention due to claims by investors that substantial amounts were collected through promises of returns and market-linked investment opportunities. Investigators are examining documents, bank records, statements, and digital evidence submitted by complainants.

Bank Trail and Financial Transactions Under Investigation

Representations submitted before investigative authorities allege that financial records show transfers from accounts linked to alleged fraudster Sagar Subodh Karivadekar to relatives, associates, and persons connected with alleged fraudster Sachin Balkrishna Rane and alleged fraudster Priti Sachin Rane.

Complainants have alleged that alleged fraudster Sachin Balkrishna Rane received approximately ₹10.13 crore through transactions currently under scrutiny. They further claim that alleged fraudster Priti Sachin Rane received around ₹4.73 crore through transfers reflected in records submitted to investigators.

Records cited by complainants also mention Late Naresh More and Rekha Naresh More, identified as parents of alleged fraudster Priti Sachin Rane, allegedly receiving approximately ₹8.76 crore through transactions now being examined by investigators.

Additional individuals named in complaint materials include Tanvi Surve, Suhas Rane, Saroj Kurtadkar, Sandeep Kurtadkar, Swaroop Kurtadkar, and Shreyas Kerkar. Complainants have urged authorities to examine all transactions and determine whether any criminal liability exists.

Investigators have not publicly confirmed the final nature of these transactions, and authorities have not announced any conclusive findings regarding the alleged fund trail.

Previous Complaints, Legal Notice and Investor Allegations

The matter has remained under public discussion following repeated complaints from investors who alleged that promises of returns were not fulfilled and that funds were diverted away from legitimate investment activity.

Complainants, including Narayan Malusare and Rajesh Uttekar, have submitted representations seeking a wider investigation into financial transactions, investor communications, promotional activities, and the role of various beneficiaries named in records.

Rajesh Utekar alleged that alleged fraudster Priti Sachin Rane conducted stock market training sessions and investor interactions that helped build confidence among prospective investors. These allegations remain subject to verification during the ongoing investigation.

In a separate development, alleged fraudster Priti Sachin Rane had previously issued a legal notice to Sprouts News Editor-in-Chief Unmesh Gujarathi. Despite the legal challenge, Sprouts News continued reporting developments in the case based on complaints, documents, representations, and investigative records submitted before authorities.

Sources familiar with the investigation stated that continued follow-up by investors, complainants, and independent reporting contributed to sustained public attention on the matter and demands for action against all accused persons.

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Investigation Continues as Search for Alleged Fraudster Sachin Balkrishna Rane Intensifies

While alleged fraudster Priti Sachin Rane is now in police custody and alleged fraudster Sagar Subodh Karivadekar remains under arrest, investigators are continuing efforts to trace alleged fraudster Sachin Balkrishna Rane, who is reportedly absconding.

The Economic Offences Wing investigation is examining complaints, bank transactions, digital evidence, statements, property records, and related financial documentation. Authorities are expected to continue questioning accused persons and reviewing additional evidence submitted by investors.

No final judicial determination has been made in the matter. All allegations remain subject to investigation, evidence assessment, and due process before the appropriate courts.

Readers’ Appeal

If you possess documents, bank records, transaction details, audio recordings, digital evidence, or information related to the alleged ₹500 crore investment scam involving alleged fraudster Sagar Subodh Karivadekar, alleged fraudster Sachin Balkrishna Rane, alleged fraudster Priti Sachin Rane, or any similar investment fraud, you may confidentially contact Sprouts News.

Investigative journalist Unmesh Gujarathi and the Sprouts News Special Investigation Team have reported extensively on multiple financial fraud cases and public-interest investigations. Verified information may be shared on 9322755098.

Editorial Note:

This article is based on publicly available FIR records, court case references, and reports published by multiple media organisations. The information is presented in the context of ongoing investigations and public interest reporting. Sprouts News does not make any judicial determination regarding the individuals mentioned and does not intend to defame any person or organisation. Any individual seeking clarification or wishing to provide an official response may contact the editorial team with verifiable documentation. The information is presented for journalistic and informational purposes.