Ludhiana: Education group executive director and brother arrested in Rs 25 million fraud case

The arrest took place late on Saturday evening. The two were initially taken to Division No. 5 police station in Ludhiana, where they were kept overnight. On Sunday, the brothers were taken to Kolkata on remand after being produced before Civil Judge Supreet Kaur in Ludhiana.

According to Sub-Inspector Babir Singh, Deputy SHO of Division Number 5 Police Station, the FIR against Gurkirat and Harkirat was filed by the Kolkata Police in June this year. The complaint was filed by Sohan Singh, the owner of an educational group in Kolkata, who alleged that the brothers had borrowed money ₹25 Crore from him but could not repay the loan.

The complaint also mentioned that the loan was taken nearly three years ago and the brothers have not repaid the money despite repeated assurances. It had been agreed to repay the amount by March 2024, but after the deadline passed, the Kolkata Police filed a complaint against the brothers. The charges filed in the complaint include sections 420 (cheating), 467 (forgery), 471 (using a forged document as genuine) and 120-B (criminal conspiracy) of the Indian Penal Code (IPC).

When we asked Gurkirat Singh for comment, a woman who answered the phone replied: “We do not wish to comment on this matter at this time.”