Rajiv Gandhi Proudyogiki Vishwavidyalaya Vice Chancellor Arrested in Rs 19 Cr Financial Irregularity Case

Other key suspects, including ex-Registrar RS Rajput and former financial controller Rishikesh Verma, remain at large.

After an intense fortnight-long search, the Special Investigation Team (SIT) of the police has successfully apprehended Professor Sunil Kumar, the absconding Vice Chancellor of Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV). The arrest took place in Raipur, Chhattisgarh, on Thursday morning, according to Commissioner of Police, Harinarayan Chari Mishra.

Professor Sunil Kumar's arrest marks a significant breakthrough in the ongoing investigation into the financial irregularity case amounting to Rs 19.48 crore. Notably, other key suspects, including ex-Registrar RS Rajput and former financial controller Rishikesh Verma, remain at large.

The SIT anticipates that the interrogation of Professor Sunil Kumar will shed light on various aspects of the financial fraud, unraveling crucial details in the process.

This development follows the earlier declaration by the SIT of a cash reward of Rs 30,000 for information leading to the apprehension of the absconding accused. Additionally, lookout notices were issued to prevent their potential escape from the country.

Previously, the SIT had made headway in the case by apprehending three accomplices of the main accused, namely banker Mayank Kumar, Dalit Sangh Member Sunil Raghuvansi, and the former manager of Axis Bank (Pipariya Branch), Ramkumar Raghuvansi. These individuals were allegedly involved in facilitating the fraudulent transfer of funds from the university's accounts to private bank accounts.

Dr. Sunil Kumar's arrest comes after a First Information Report (FIR) was filed against him and others following an inquiry ordered by Chief Minister Mohan Yadav. The FIR was initiated based on a letter from RGPV Registrar Mohan Sen to the Gandhi Nagar police station in Bhopal.

The accused are alleged to have transferred Rs 19.48 crore to private accounts and fraudulently created four fixed deposits (FDs) of Rs 25 crore each. The case has been registered under relevant sections of the Indian Penal Code and the Prevention of Corruption Act, covering charges of cheating, forgery, and criminal conspiracy.