Guwahati, 09 November (H.S): Panbazar Police have cracked an alleged financial fraud case involving ₹11.50 crore and arrested a key accused, Harsh Agarwal (30), from Siliguri in West Bengal following an inter-state operation.

The case allegedly involves forged Indian Army supply orders, impersonation of Army officers and fabricated financial documents. The police team, led by Inspector Sankar Jyoti Nath, Officer-in-Charge of Panbazar Police Station, conducted a detailed investigation involving financial transaction analysis, digital evidence and intelligence gathering to unravel the alleged conspiracy.

According to the police, Harsh Agarwal allegedly masterminded the initial deception by introducing his brother, Ayush Agarwal, to the complainant as a distant relative engaged in Army supply contracts. The accused allegedly exploited an existing business relationship to gain the confidence of M/s Global Traders, Guwahati, and facilitate fraudulent transactions amounting to Rs 11,50,56,180.

Acting on specific intelligence and leads developed during the investigation, the police team tracked down Harsh Agarwal in Siliguri and arrested him.

The case has been registered as Panbazar Police Station Case No. 214/2026 under relevant provisions of the Bharatiya Nyaya Sanhita (BNS), 2023, and the Information Technology Act.

Police have so far frozen more than ₹2 crore in different bank accounts. Further investigation is underway to trace the defrauded money, identify other beneficiaries and apprehend the remaining accused persons.-------------

Hindusthan Samachar / Sriprakash