Who is Bablu alias Ravindra Yadav? CBI's Decade-Long Pursuit Ends in Arrest!
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Synopsis
After over a decade, the CBI's relentless manhunt culminates in the arrest of Bablu alias Ravindra Yadav, a key figure in a massive bank fraud case. Discover how this case unfolded and the implications of his capture for the fight against financial crimes.
Key Takeaways
- CBI's commitment to investigating long-standing corruption cases.
- Fraud strategies employed by offenders, including forgery.
- Legal consequences faced by convicted individuals.
- Importance of accountability in the banking sector.
- Continuous efforts of law enforcement to locate absconders.
New Delhi, July 24 (NationPress) The Central Bureau of Investigation (CBI) successfully apprehended a long-sought fugitive, Bablu alias Ravindra Yadav, linked to a Rs 1.18 crore bank fraud case dating back to 2011. The accused was captured in Gulawati, located in Bulandshahar district of Uttar Pradesh, after evading law enforcement for nearly two years.
This case originated from a complaint lodged by the Assistant General Manager of the State Bank of India in Meerut, which alleged that Nawal Kishore Gupta, who was the Branch Manager at Punjab National Bank (PNB) in Sikandrabad, along with several private accomplices, devised a fraudulent scheme in 2011.
The accused reportedly established fictitious current accounts using forged documentation such as voter IDs, PAN cards, and rent agreements to unlawfully withdraw Rs 1.18 crore.
After thorough investigations, the CBI submitted a chargesheet on August 30, 2013, identifying Nawal Kishore Gupta, Devraj (a security guard at PNB), Bablu alias Ravindra Yadav, and Manoj as implicated in the fraudulent activities and misappropriation of bank funds. On December 20, 2023, the Special CBI Court in Ghaziabad convicted three defendants—Gupta, Devraj, and Manoj—each receiving a five-year prison sentence.
Despite the conviction, Bablu did not appear for the verdict and was subsequently labeled a Proclaimed Offender that same day, leading to a standing warrant being issued against him.
The CBI’s Anti-Corruption Branch (ACB) in Ghaziabad tirelessly pursued the fugitive, ultimately tracking him down and arresting him today. Bablu will now face judicial proceedings as he has been presented before the Special Judge for CBI cases in Ghaziabad and placed in judicial custody.
This arrest highlights the CBI’s unwavering dedication to locating absconding criminals involved in longstanding corruption and financial fraud cases, regardless of the time elapsed.
Point of View
I firmly believe that this arrest showcases the CBI's persistence in tackling long-standing corruption cases. It reinforces the importance of accountability in the banking sector and serves as a warning for those who exploit financial systems. Our commitment to reporting on such critical issues remains steadfast.
NationPress
26/07/2025
Frequently Asked Questions
What was the nature of the bank fraud case?
The bank fraud case involved the opening of fake current accounts using forged documents to siphon off Rs 1.18 crore.
What actions did the CBI take after the fraud was discovered?
The CBI filed a chargesheet in 2013, naming several accused individuals, and continued to pursue Bablu after he was declared a Proclaimed Offender.
What penalties were imposed on the convicted individuals?
The convicted individuals received a five-year prison sentence each for their involvement in the fraud.
How did the CBI locate Bablu after years of evasion?
The CBI's Anti-Corruption Branch in Ghaziabad maintained efforts to track him down, eventually leading to his arrest.
What message does this arrest send regarding financial fraud?
The arrest demonstrates the CBI's commitment to pursuing individuals involved in financial crimes, regardless of the time elapsed.
