16 October 2026
ADVERTISEMENT
ADVERTISEMENT

CBI Files FIR Against IPS Officer Bhagyashree Navtake Over 1,200 Crore Scam

The Maharashtra government had requested a CBI investigation into the matter in August 2024, leading to the registration of the FIR earlier this week.
Central Board of Indirect Taxes and Customs
Indian Masterminds Stories

The Central Bureau of Investigation (CBI) has filed a First Information Report (FIR) against Bhagyashree Navtake, a senior officer in the Indian Police Service, over alleged irregularities linked to the ₹1,200 crore scandal involving the Jalgaon-based Bhaichand Hirachand Raisoni (BHR) State Cooperative Credit Society. This case dates back to the period between 2020 and 2022.

The Maharashtra government had requested a CBI investigation into the matter in August 2024, leading to the registration of the FIR earlier this week.

Navtake, who is currently the superintendent of the State Reserve Police Force (SRPF) in Chandrapur, previously led the special investigation team as the Deputy Commissioner of Police (DCP) in the Economic Offences Wing, tasked with examining cases related to the alleged scam.

In 2020, three cases were initiated concerning the fraud at police stations in Alandi, Deccan, and Shikrapur, accompanied by coordinated raids in various locations in Jalgaon. Allegations against Navtake include exerting pressure on police officers in Pimpri-Chinchwad and Pune rural areas to register cases.

According to the CBI’s FIR, a review of the government’s directions and the Criminal Investigation Department’s inquiry revealed that Navtake and others filed three offenses at different locations within 24 hours without proper diligence, following only brief preliminary inquiries. Notably, the complainants involved in the cases registered at the Alandi and Deccan stations were not present in person.

The FIR also points out that despite the three cases involving fraud amounts of less than ₹3 crore each, the Economic Offences Wing proceeded with the investigations without adhering to the proper procedural protocols. It suggests that the raids were conducted by dispatching joint teams outside Pune city limits and claims that the investigation process was manipulated by unduly influencing police units in Pimpri Chinchwad and Pune.

Additionally, the FIR highlights that there were selective accusations, biased charge sheets, misrepresentation of the scale of crime, conflicts of interest in appointing a special public prosecutor, neglect of critical evidence, and the falsification of official records.

Previously, in August 2024, city police had already lodged an FIR against Navtake based on a CID report that cited procedural violations during her leadership of the Economic Offences Wing in Pune.


Indian Masterminds Stories
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
GAIL Mumbai-Nagpur-Jharsuguda Pipeline Project
GAIL Wins Midstream Project of the Year – India at Asian Oil & Gas Awards 2026 for Major Pipeline Project
NMDC Russia Critical Minerals
NMDC Explores Strategic Partnerships with Russian Firms in Rare Earth and Critical Minerals 
Rajasthan DGP Summoned by Assembly Speaker
Rajasthan Speaker Summons DGP Over Ex-BJP MLA’s Killing, Alleged Assault on RSS Pracharak
NHPC Ashupani Bridge
NHPC Inaugurates Ashupani Bridge to Improve Connectivity at 2,880 MW Dibang Project 
Jharkhand School Development Plan
Jharkhand Directs Government Schools to Prepare Three-Year Development Plans from 2027–28
RTI
Six-Year RTI Delay: Punjab Information Commission Orders ₹5,000 Relief, Seeks Action Against Officials
SJVN Buxar Thermal Power Project
Leadership Updates: SJVN Appoints Raman Gharsangi as Part-Time Official Director on Board 
HPCL Green R&D Centre CII Platinum Award
HPCL Green R&D Centre Wins CII Platinum Award for Excellence in Sustainability and Clean Energy 
ADVERTISEMENT
ADVERTISEMENT
Videos
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
PK Jena
The IAS Officer Who Put People Before Paperwork: How PK Jena Challenged Corruption and Reformed Governance
ADVERTISEMENT
UPSC Stories
Aayush Sharma
Three CDS Attempts, Five AFCAT Qualifications & Medical Setback: How Aayush Sharma Secured CAPF AIR 135
After three unsuccessful SSB attempts, five AFCAT qualifications and a medical setback, Aayush Sharma...
Tushar Chaudhary IRMS
He Left Intel, Built COPAL-19, Spent Months at AIIMS, Ran Half Marathons, and Returned to UPSC—Tushar Chaudhary’s Journey to IRMS
UPSC ESE AIR 4 Tushar Chaudhary left a ₹25 LPA Intel job, built COPAL-19, spent months at AIIMS, ran...
Mayank Sachan UPSC CAPF
15+ Exam Failures, 15 Years in the Navy: How Mayank Sachan Secured AIR 343 in UPSC CAPF
Former Indian Navy sailor Mayank Sachan secured AIR 343 in UPSC CAPF 2025 after 15+ exam failures, two...
CSR NEWS
NBCC India CSR Award 2026
NBCC India Wins Award for Excellence in CSR at 4th Fortune Leadership Awards 2026
The recognition honours NBCC’s community welfare initiatives and efforts to improve healthcare accessibility...
HURL ALIMCO
HURL Signs MoU with ALIMCO to Support Divyangjans and Senior Citizens in Gorakhpur, Barauni and Sindri
Under its CSR initiative, HURL will support PMD-VK Gorakhpur and facilitate the distribution of need-based...
MDL CSR Support to Divyasha Vayoshri Kendra
MDL Extends ₹3.79 Crore CSR Support to Divyasha Vayoshri Kendra in Mumbai
The initiative will strengthen access to assistive devices, prosthetics and rehabilitation services for...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
GAIL Mumbai-Nagpur-Jharsuguda Pipeline Project
GAIL Wins Midstream Project of the Year – India at Asian Oil & Gas Awards 2026 for Major Pipeline Project
NMDC Russia Critical Minerals
NMDC Explores Strategic Partnerships with Russian Firms in Rare Earth and Critical Minerals 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr Saket Badola IFS
PK Jena
PK Jena
ADVERTISEMENT
ADVERTISEMENT