The Economic Offences Wing (EOW) is investigating a transfer of ₹2.64 crore to the bank account of IPS officer Rashmi Karandikar from her husband, Puroshattam Chavan, who is currently under probe in two high-stakes cases of cheating and money laundering.
According to the EOW investigation, the funds were credited over a 90-day period between 2017 and 2018. Sources revealed that Karandikar invested the money in intraday share market trading but incurred losses. Investigators have now written to the Maharashtra Director General of Police seeking clarification on whether the IPS officer declared this amount in her official asset disclosures.
While Karandikar has not been named an accused, she has been summoned for questioning. However, she has cited medical leave and has not yet appeared before the authorities. In a brief message to the media, she said, “I am on medical leave and not in a condition to talk.”
Her husband, Chavan, is facing two FIRs registered in February this year, accusing him and 11 others of duping at least 20 people of ₹24.78 crore by promising government quota flats at subsidized prices in Mumbai, Thane, and Pune. The accused allegedly misused influence to offer properties on public land, including plots under the Bombay Port Trust (BPT).
Chavan is also under investigation by the Enforcement Directorate in a separate ₹263 crore income tax refund scam.
Adding to the personal turmoil, Karandikar is reported to have filed for divorce in the Bandra family court, citing financial harassment, mental cruelty, incompatibility, and her husband’s bipolar disorder. She has also allegedly vacated her official quarters above the Colaba police station without informing headquarters.
The EOW continues its probe to ascertain whether Karandikar had knowledge of the source of the funds and why the amount was not returned or disclosed.
