CBI Arrests Two Fugitives After 20 Years in Major SBI Fraud Case
The Central Bureau of Investigation has captured two fugitives who had been evading justice for twenty years. The arrests conclude a long-standing case involving a ₹1.25 crore fraud at a State Bank of India branch in Dhanbad, following a massive, coordinated multi-state operation.
Highlights
- •CBI apprehended two fugitives after a 20-year manhunt for a ₹1.25 crore SBI fraud.
- •The accused, Brijbhushan Prasad and Kartar Singh, had been absconding since 2005.
- •Both suspects were captured in simultaneous raids in Maharashtra and Chhattisgarh on June 21, 2026.
- •The fugitives had been living under assumed identities and were subjects of an Interpol Red Notice.
The Central Bureau of Investigation (CBI) has successfully apprehended two long-time fugitives involved in a major State Bank of India (SBI) fraud case, marking an end to their twenty-year evasion of the law. This significant CBI fraud case, which originally surfaced in 2005, involved the misappropriation of approximately ₹1.25 crore from a branch located in Dhanbad.
Breakthrough in the Long-Standing CBI Fraud Case
The individuals taken into custody, identified as Brijbhushan Prasad and Kartar Singh, had managed to remain hidden for over two decades. Following the initiation of the investigation in August 2005 regarding financial irregularities that occurred between November 2002 and June 2005, both suspects fled to Nepal. Their escape prompted the issuance of an Interpol Red Notice, and a cash reward of ₹25,000 was placed on each individual for information leading to their capture.
Authorities revealed that the accused had been living under assumed identities to evade detection, complicating the pursuit for law enforcement. Despite the passage of time, the CBI maintained its focus on the case, utilizing technical surveillance and coordinated efforts across multiple states. The persistent investigation ultimately led to a synchronized operation on June 21, 2026, which resulted in the successful apprehension of the two proclaimed offenders.
Final Arrests and Law Enforcement Success
The operation concluded with the arrest of Brijbhushan Prasad in Kopargaon, located in the Ahmednagar district of Maharashtra. Concurrently, Kartar Singh was located and arrested in Raipur, Chhattisgarh. This dual-location operation demonstrates the agency's commitment to following through on long-pending investigations.
Legal proceedings against the two men had previously reached a stage where they were declared proclaimed offenders by the court. The capture of these fugitives serves as a reminder that the authorities continue to pursue those responsible for significant financial crimes, regardless of the time elapsed. The success of this operation highlights the effectiveness of modern technical inputs and sustained inter-state cooperation in tracking individuals who believe they have successfully disappeared into anonymity.
