The CBI has arrested Shivnarayan Das, for his involvement in the case against Saradha Realty India Ltd. and others, as he is said to be an advisor of Saradha scam purported kingpin Sudipta Sen, in connection with the multi-billion chit fund scandal. A fully loaded revolver was also seized from him.

“He was on the run and CBI was tracking him incessantly”, said a Central Bureau of Information spokesperson.
Sources said that Das had allegedly advised Sen to launch a ponzi scheme and attract depositors by promising huge returns. In turn, Sen had made Das a director and shareholder of Saradha Realty after starting the business.

Many teams of CBI officers conducted the searches across Barrackpore, Khardaha, Sodepur and Habra in North 24 Parganas district and seized several documents. “Searches are being conducted at nine locations in West Bengal in the residential as well as official premises of Win Realcon and its directors”, an agency official said.

Win Realcon is one of the several non-Saradha group companies against which the CBI has registered cases while probing the multi-crore-rupee chit fund scam. And the case against Win Realcon, was registered in November last year.