Bhubaneswar, Dec 3: While the Silicon Tech & Panchsoft agencies were under scanner of the sleuths following their involvement in the SI Recruitment scam, the former one was declared blacklisted.

The Odisha Government on Wednesday officially revoked all its business agreements signed with the Silicon Tech, for its unethical practices relating to the SI Selection Exams.

The State IT Department cancelled all of its existing contracts and agreements with the company, consigned to the Odisha government.

Earlier, its owner, Suresh Nayak was held by the Crime Branch in connection with the highprofile job fraud.

Worth mentioning, as of the investigation revealed so far, Silcon Tech chief, Nayak accompanied by Shankar Prusty, chief of Panchsoft had masterminded the recruitment scam involving bribes worth lakhs.