Jalna, Aug 22 (PTI) The police in Maharashtra’s Jalna district have arrested a 50-year-old man who had been on the run in connection with a cryptocurrency investment fraud worth over Rs 4.3 crore, an official said on Saturday.
The Economic Offences Wing (EOW) on Thursday traced the accused, Amod Mehetar, to the Talsande area of Kolhapur district, where he disguised his identity and rented a student accommodation near a local college, the official said.
According to the EOW, Mehetkar and his associates allegedly lured investors by promising high returns in cryptocurrency investments, collected Rs 4.3 crore and subsequently cheated them.
A case was registered at Jalna tehsil police station on October 18, 2025, against Mehetar and five others.
Mehetar was produced before a local court, which remanded him to a six-day police custody, the official said, adding that efforts are underway to trace five other accused who are still absconding. PTI COR ARU
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