The Central Bureau of Investigation (CBI) on Thursday arrested a long-time absconder, Bablu alias Ravindra Yadav, in connection with a Rs 1.18 crore bank fraud case registered in 2011.
The accused was apprehended from Gulawati in Bulandshahar district of Uttar Pradesh after evading arrest for nearly two years.
The case stems from a complaint filed by the Assistant General Manager of the State Bank of India, Meerut, which alleged that Nawal Kishore Gupta, then Branch Manager of Punjab National Bank (PNB), Sikandrabad, along with private individuals, had orchestrated a fraudulent scheme in 2011.