The Malabar Hill police have arrested three individuals involved in a Rs45 lakh scam, wherein they fabricated documents under the name of a West Bengal resident to secure a car loan. The culprits have been identified as Ashfaq Ajmeri, also known as Tanmay Sarkar (30), Imran Hussain Mehradine Khan, and Sainath Venkatesh Ganji, alias Vikas, also known as Kaushal Bhiyani (28).
Authorities have seized a Toyota Fortuner linked to the suspects. The fraudulent activities took place between February 1 and March 23. Ashfaq Ajmeri, a car dealer originally from Ahmedabad but residing in Thane, collaborated with his bank manager friend, Imran Khan from Malad’s Malvani. Together, they created false documents—including Aadhar cards, PAN cards, and income tax returns—under the name of Tanmay Sarkar.
Presenting these forged documents as legitimate, Ajmeri and Khan successfully secured a loan of Rs45 lakh from a bank within Malabar Hill’s jurisdiction. However, the deception came to light when the bank initiated an investigation after the suspects began repaying the loan.
Following the bank’s report, the Malabar Hill Police launched an inquiry utilizing technical evidence, in collaboration with Lokmanya Tilak Marg Police. Khan was apprehended during a train journey from Jaipur to Bandra.
Upon questioning, police seized the Toyota Fortuner involved in the scam. Ajmeri, however, managed to evade arrest initially. Authorities eventually tracked him down and took him into custody. During interrogations, they uncovered that Sai Nath Ganji, originally from Telangana and known as Vikas or Kaushal Bhiyani, was a key player in the operation. He has also been arrested and is currently in custody.
Cases have been filed against Sai Nath Ganji at multiple police stations, including Parksite Police Station, V.P. Road Police Station, and the Economic Offenses Wing. The investigation is ongoing as authorities seek to unravel the full extent of the fraud.