In a significant breakthrough in the alleged Rs83 crore cheating case linked to the Chandigarh Renewable Energy and Science & Technology Promotion Society, Chandigarh Police have arrested its project director, Sukhwinder Abrol.
The case is based on an FIR registered on March 12, 2026, under multiple sections of the Bharatiya Nyaya Sanhita, following a complaint by the CEO of CREST. The complaint alleged cheating amounting to approximately Rs83.04 crore, reportedly involving certain bank officials.
Police have named Abhay Kumar, Seema Dhiman, and Ribhav Rishi—all associated with IDFC First Bank—as accused in the case.
Investigations revealed that funds from CREST’s bank accounts were allegedly diverted into shell companies. These funds were then routed to accounts linked to Abrol, as well as his relatives and close associates, according to police officials.
After his arrest, Abrol was presented before a duty magistrate and remanded to five days of police custody. Authorities stated that the probe is ongoing to trace the complete money trail and determine the involvement of other employees and individuals connected to the case.
