{
  "id": 6105116,
  "title": "7 Years On The Run: ₹14.5 Crore Gujarat Fraud Accused Nabbed From MP’s Betul",
  "url": "https://urgent.news/2026/09/07/7-years-on-the-run-14-5-crore-gujarat-fraud-accused-nabbed-from-mps",
  "topic": "world",
  "section": "World",
  "published": "2026-09-07T05:30:00.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/bhopal/7-years-on-the-run-145-crore-gujarat-fraud-accused-nabbed-from-mps-betul"
  },
  "original_language": "en",
  "account": "Ahmedabad police have apprehended Nilesh Dhirubhai Patel, a suspect in a major ₹14.5 crore fraud case, from Betul in Madhya Pradesh. The 35-year-old had been evading arrest for seven years, using a fake identity and running a global network of shell companies from Hong Kong. According to police, Patel operated through a network of 65 bank accounts and 19-20 shell companies, posing as a stock market adviser and flaunting luxury cars and high-tech gadgets. He was arrested under Operation Hawk Eye after nearly a decade of surveillance. His associate, Deepak Ahuja, also known as Deepu Tank, was arrested alongside him. Police recovered assets worth Rs 35 lakh, including a car, laptops, and mobile phones. The 65 linked bank accounts, containing around Rs 20 lakh, have been frozen. Patel allegedly obtained a Rs 90 lakh property loan without the owner's knowledge, and the suspects worked with bank officials and property valuers to obtain large loans using forged documents. The suspects used initial instalments to avoid suspicion before disappearing. Police suspect Patel collected nearly Rs 5 crore from investors through a fraudulent cryptocurrency called Semi Coin.",
  "summary": "Bhopal (Madhya Pradesh): Ahmedabad police on Friday arrested Nilesh Dhirubhai Patel, a suspect in a Rs 14.5 crore fraud case, from Betul in Madhya Pradesh. Patel had allegedly changed his appearance and was evading arrest for seven years. According to reports, Patel ran a network of 65 bank accounts and 19-20 shell companies while operating from Hong Kong. He reportedly posed as a stock market…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}