Gujarat new Jamtara of bank frauds?

LUCKNOW: Two consecutive cases of attempted bank frauds surfaced in Lucknow, both linked to operatives based in Gujarat.
The first incident involves an audacious attempt to siphon off Rs 120 crore from the AKTU’s account and another Rs 16.58 crore from the Income Tax department’s account in the city. Authorities suspect a well-organized operation orchestrated by individuals with ties to Gujarat.
According to sources close to the investigation, in the first case of a fraud involving AKTU’s account, two individuals from Gujarat – identified as Devendra Prasad Prabhakar Joshi from Surat, Uday Patel– were arrested in connection with the Rs 120 crore scam along with others from different areas in UP.However, the alleged masterminds behind the scheme, including one Kapil and Anurag Srivastava, remain at large and have Gujarat links.
In the other case involving Rs 16.58 crore, Harish Gauri Shankar from Mumbai was arrested by Hazratganj police on June 20. During interrogation, Shankar implicated two individuals working with the Income Tax department, leading to their subsequent arrest.
Investigators have traced connections to Gujarat in both cases, highlighting the region's significant role in the elaborate fraud attempts. Police said that in both these cases, the beneficiary bank accounts were based in Gujarat, while the mastermind in both are from Gujarat. One of the common arrested accused in both these cases is Rajesh Babu, who is already under scrutiny for his involvement in a third similar scam in Noida last year amounting to Rs 200 crore.
An official confirmed communication has been initiated with Gujarat police seeking collaboration in arresting remaining suspects.