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CBI Arrests Absconding Accused in Rs 17.22 Crore Chit-Fund Scam Case

KG News Desk by KG News Desk
August 30, 2026
in National
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Debabrata Dutta, former proprietor of DNB Food Processing Pvt. Ltd., arrested from Siliguri after years on the run

Bhubaneswar, August 30: The Central Bureau of Investigation (CBI) has arrested Debabrata Dutta, an absconding accused in a chit-fund scam case involving the alleged misappropriation of Rs 17,22,39,453 collected from depositors.

According to a CBI press release issued on August 30, Dutta was the then proprietor of M/s DNB Food Processing Pvt. Ltd. and was allegedly involved in a criminal conspiracy with others to misappropriate funds illegally collected from gullible depositors.

The agency said the accused had been absconding and was not cooperating with the investigation. He was declared an absconder in the chargesheet filed by the CBI on December 26, 2022, in RC 10(S)/2014-Kol.

The case relates to alleged offences under provisions of the Indian Penal Code (IPC) and the Prize Chits and Money Circulation Schemes (Banning) Act, 1978.

A Non-Bailable Warrant (NBW) had been issued against Dutta on August 5, 2024, the CBI said.

Following source-based information, the accused was traced to Siliguri in West Bengal, where he was finally arrested on August 28, 2026, according to the agency.

The CBI said Dutta is being brought from Siliguri on transit remand and will be produced before the competent court in Bhubaneswar for further legal proceedings.

The arrest marks a significant development in the long-pending chit-fund scam investigation, with the agency continuing its proceedings against those allegedly involved in the financial irregularities.(KNC)

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