Bhubaneswar, Aug 4: The Central Bureau of Investigation (CBI) on Monday arrested one Sivakumar Gangadharan @ G. Sivakumar, who is a proclaimed offender in chit fund scam case.
The accused, a Director of Rightmax Technotrade International Ltd, was evading arrest since 2018 by frequently changing his whereabouts.
The case, initially registered in 2014, involved allegations of fraud, criminal conspiracy, and violations of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978.
After being declared a proclaimed offender in 2019, Sivakumar was finally traced to Karur, Tamil Nadu, through technical and source information.
A CBI team from Bhubaneswar apprehended him on August 3, 2025, and produced him before the Special CJM Court, which remanded him to 14 days of judicial custody, till 18.08.2025.
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