23 October 2026
ADVERTISEMENT
ADVERTISEMENT

The CBI Tigress In Dominica

Looks may be deceptive. None exemplifies this better than 2005-batch IPS officer, Sharda Raut who has been tasked with bringing Mehul Choksi back to India.
Indian Masterminds Stories

She could easily be passed off for a middle-class housewife, had she draped herself in a saree. Make no mistake. Slightly plump, dusky and diminutive with neatly knitted hair parted in the middle, Sharda Raut, is the head of Banking Frauds Department of the CBI. 

The lady in Khaki, is presently in the Dominica Republic leading Government of India’s efforts to extradite Mehul Choksi, the fugitive Indian businessman, wanted in Rs 13500 crore Punjab National Bank Scam. 

She is part of a team of eight officers who reached to Caribbean Island Nation Dominica earlier this week, where the fugitive had been arrested while trying to flee from Antigua. The team consist of two members each from Ministry of External Affairs, Enforcement Directorate, Central Bureau of Investigation (CBI) and Central Reserve Force (Commando). 

THE TASK

An expert in investigating banking frauds, Ms Raut is armed with all the documentary evidence against Choksi. The documents are to be put before the Dominican Court hearing the case against Mehul. It is her job to conclusively convince the court about the extent of financial fraud played on the Government of India and also of Mehul’s role in the scam. 

In fact, Raut’s team has crossed the first hurdle. They have already convinced Governments of both Antigua and Dominica about Mehul Choksi’s culpability. Prime Ministers of both the countries have already announced that they don’t want Choksi and he should be deported to India. But, that would be possible with Court’s concurrence.

Who is Sharda Raut? 

Ms. Raut hails from the Nasik district of Maharashtra and is a graduate in Commerce. She got selected as an IPS officer in 2005 and was first posted as the DCP, Nagpur division. Since then only she had proved herself as one the finest officer, the force could ask for. 

Ms. Raut is currently heading the Banking fraud wing of CBI

Raut, a 2005 batch IPS officer from Maharashtra cadre was promoted as DIG CBI in March last year. If all goes well in the courts of Dominica, Ms. Raut will not only bring Choksi back to Indian soil but ensure his conviction in Indian courts as well. 

During her career, she dealt with caste conflicts and crimes in the area and got significant success. The officer also had a key role in handling all the illegal activities in the dance bars of Mira Road. Besides that, she had a great success in all her postings like Mumbai’ License division, Palghar, Kolhapur Nandurbar etc. 

In an interview to a local TV channel she said, “The only areas where people need immediate help are medical & police. Our job requires passion and everyday poses new challenges for you. If you are passionate, you won’t sit silent.” 

THE CASE

Choksi is the owner of Geetanjali Diamond and is suspected to be involved in colluding with two employees of PNB for a multi-crore fraud along with Modi. He has been declared fugitive by the Indian government and facing charges of criminal conspiracy, breach, cheating & Money laundering etc. 

In 2018, a non-bailable warrant was issued against him after which he fled to Antigua and acquired its citizenship. Ever since he was evading Indian law enforcement agencies on the pretext of bad health although a Red Corner Notice had already been issued by the Interpole against him. He wanted Indian agencies to ‘interview’ him in Antigua only but agencies feared getting caught in lengthy legal processes for extraditing an ‘Antigua citizen’. 

He was however, honey-trapped into leaving Antigua and enter Dominica without valid travel papers. He was arrested in Dominica for trying to flee to Cuba through waters. Now onus is on Sharda Raut’s team to expose his lies before the Domnican Court. 


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Indian Navy Training Squadron Maldives Visit
Indian Navy’s First Training Squadron Arrives in Maldives to Strengthen Maritime Cooperation
PFC logo resized Power Finance Corporation Ltd
PFC Incorporates Northern Region Power Transmission Limited for Grid Compensation Project 
pnb
PNB Wins Excellence Award, Secures First Runner-Up Position in Risk & Resilience Under EASE₹ise 8.0
Indian Railways Coal Loading Growth
Indian Railways Records 22.5% Growth in Coal Loading in October 2026, Dispatches 87 More Rakes Daily 
GYANDEEP Hindi Library
Defence Secretary Inaugurates Hindi Library ‘GYANDEEP’ at Sena Bhawan Under Special Campaign 6
India Post
India Post Crosses ₹4,000 Crore Quarterly Revenue for Two Consecutive Quarters, Records 24% Growth in H1 FY27
NALCO CVOs
NALCO Hosts CVOs’ Meet in Bhubaneswar to Strengthen Preventive Vigilance and Ethical Governance
BHEL_resized
BHEL Appoints Manepalli Sridhar as Director (Human Resources) Until August 2028 
ADVERTISEMENT
ADVERTISEMENT
Videos
Gajendra Singh Shekhawat
How India Plans to Boost Tourism, Create Jobs and Ease Overcrowding : Gajendra Singh Shekhawat on the Road to 2047
Dr Saket Badola IFS
Beyond Tigers and Safaris: How Corbett Literature Festival Wants to Change the Conservation Conversation
PK Jena
Why Technology Cannot Replace Human Connection in Governance: P.K. Jena
ADVERTISEMENT
UPSC Stories
Mavis tak
From Dropping Out of School to Becoming an IPS Officer : How a Father’s Unwavering Support Helped Mavis Tak Achieve Success
For Mavis Tak, becoming an IPS officer once seemed like a distant dream. Despite financial struggles...
Bhikan Rojekar UPSC
He missed MBBS by 1 mark in 2016; Maharashtra’s Bhikan Rojekar secures UPSC AIR 812
Bhikan Rojekar secured AIR 812 in UPSC CSE 2025 in his third attempt. Read how the son of a farm labourer...
Umar Janj UPSC CAPF
15+ Failures Couldn’t Stop Him: Umar Janj Secures AIR 160 in UPSC CAPF 2025
After multiple SSB setbacks, a CAPF interview miss by 12 marks and more than 15 failures, Umar Janj secured...
CSR NEWS
NLC India CSR Dispensary
NLC India Builds ₹1.23 Crore Dispensary in Tamil Nadu’s Ramanathapuram Under CSR Initiative
Inaugurated on October 17, 2026, the new facility at Sri Ramakrishna Math in Keelanagachi aims to strengthen...
MGL CSR initiative
MGL Donates 30-Seater Hydraulic-Lift Bus to NIEPID Davangere Under MGL Saksham CSR Initiative
Inaugurated by MGL Vice President Sanket Dhotre on October 15, 2026, the accessible bus is expected to...
EIL CSR-
Engineers India Distributes Assistive Devices to 55 Divyangjans in Gurugram Under CSR Initiative
EIL’s CSR initiative provides motorised tricycles, hearing aids, wheelchairs and other aids to promote...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Indian Navy Training Squadron Maldives Visit
Indian Navy’s First Training Squadron Arrives in Maldives to Strengthen Maritime Cooperation
PFC logo resized Power Finance Corporation Ltd
PFC Incorporates Northern Region Power Transmission Limited for Grid Compensation Project 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Gajendra Singh Shekhawat
Dr Saket Badola IFS
PK Jena
ADVERTISEMENT
ADVERTISEMENT