The Enforcement Directorate (ED) would probe into the financial transactions of arrested self-styled godman Jyoti Ranjan Beura alias Golden Baba.
He was arrested by the Chandrasekharpur police on December 31 last for allegedly duping people and several companies on the pretext of sanctioning loans from finance companies. After luring a mining company to sanction a loan of Rs 110 crore, he had taken 12 cheques with a value of Rs 12.4 crore each.
Beura had also signed agreements with a Hyderabad-based construction company, a Thane-based private hospital and two medical equipment suppliers in Odisha to provide loans worth Rs 300 crore.
Later, more than a dozen cases surfaced against him from various police stations in Bhubaneswar and other parts of the State.
The Economic Offences Wing (EOW) of the Crime Branch had frozen his seven bank accounts having deposits of Rs 51 lakh.