Seven members of gang involved in providing fake Term Deposit Receipt (TDR) has been nabbed by the crime branch Bhopal.The gang had provided security deposit of Rs 20 lakh for construction work of Madhya Pradesh State Agriculture Board in Betul and Balaghat districts.
Fraud of the gang came into light after TDR of Rs 20 lakh issued by the State bank of India (SBI) for submitting in connection with a tender for construction work at Betul was found fake.
The nabbed accused were identified as Tribhuvan Patel (41), Shailendra Ramtek(43), Tej Singh (39), Hemraj Singh (38), Pradeeep Singh (33), Nishant alias Chota Barsaiya (30) and Mukesh Manik (35).
The accused confirmed that the firm was registered in the year 2011. In the month of August 2015 after the tender was floated for the construction work and after they were awarded with tender they deposited fake TDR.
Firm partners Shailendra Ramteke, Tribhuvan Patel, TejSingh Patel and Hemraj Singrauli discussed about the tender with Pradeep Bhadoria who told that fake TDR could be prepared and with the help of Mukesh and Nishant fake seal and documents were prepared and deposited.
Madhya Pradesh State Agriculture Board officials lodged a complaint with the crime branch Bhopal regarding depositing of fake TDR of Rs 20 lakh for construction of soil testing laboratory in Ghodadongri and Shahpur in Betul district and in Kherlanjhi and Katangi of Balaghat district the lowest bid was offered by S & T Infrastructure and was informed to deposit 5 percent at security money which was Rs 20 lakh according to the tender. After the TDR and other documents were submitted and TDR was verified by SBI bank it was found fake.
Shailendra and Pradeep are civil engineers, while Tribhuvan is contractor, Tej Singh is farmer, Hemraj is Sarpanch, Nishant is Professor and Mukesh works as supplier of stationery for banks.