https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Former IPS Officer D.K. Panda Alleges Rs 381 Crore Fraud Linked to Terrorism

IPS Panda, who retired from the Indian Police Service in 2005, detailed the ordeal in a complaint filed on October 25.
Indian Masterminds Stories

Mr D.K. Panda, a 1971 batch IPS officer and former Inspector General of Police known for his transformation into ‘Doosri Radha,’ has lodged a complaint with the Dhoomanganj police station, alleging that unknown individuals have duped him of ₹381 crore.

In his complaint, Panda has requested that the investigation be handed over to the Central Bureau of Investigation (CBI) or the National Investigation Agency (NIA), citing potential links to terrorism.

Panda, who retired from the Indian Police Service in 2005, detailed the ordeal in a complaint filed on October 25. He claimed that he received a threatening WhatsApp voice call from an individual identifying himself as Arav Sharma, who allegedly operates from Nicosia, Cyprus. According to Panda, Sharma claimed to work for the Cyprus Securities and Exchange Commission (CySEC) and threatened him with criminal implications if he did not comply with demands related to his alleged investments.

The former IPS officer reported that he had engaged in online trading with the Finnix Group, where he initially made significant profits. However, he claims that despite withdrawing the funds, they were never credited to his bank account. Instead, he was confronted with demands for various fees, including taxes and transaction costs.

Panda alleged that when he refused to pay an additional ₹8 lakh requested by Sharma, he was met with threats that his personal documents would be misused for terrorist activities. In his complaint, he expressed concern about the identity of the individuals involved, emphasizing that he had requested proof of identity but received no satisfactory response.

Panda’s claims of terror links prompted him to urge authorities for a thorough investigation, asserting that the matter warranted the attention of higher investigative agencies. The police have since registered a case under relevant sections pertaining to criminal intimidation and cheating.

The investigation into the case is ongoing, and authorities are exploring the claims made by the former police official to ascertain the legitimacy of the threats and the alleged fraud.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Manoj Sethi Tenure Extension
DoPT Clears Extensions for Mangesh Ghildiyal, Ved Prakash Mishra; Anupam Raj, Mitali Namchoom Get New Posts
Indian Bureaucracy News Latest
DoPT Appoints Debapriya Bardhan, Rashmi, Pradeep Kumar, Umme Fardina Adil to Key Central Posts
DoPT-resized
Surabhi Malik, Fating Rahul Haridas, Ishoo Ratna Srivastav Get Key Central Appointments; DoPT Issues Orders
Northern-Coalfields-Limited-NCL-Resized
Northern Coalfields Ltd Supplies Record 137.08 MT Coal in FY26, Strengthening India’s Energy Security
INS Aridhaman
All About INS Aridhaman: India Commissions Third Nuclear Submarine, Major Boost to Nuclear Triad
NMDC Steel Ltd
NMDC Records Historic 53 Million Tonnes Iron Ore Production in FY26, First Indian Company to Cross 50 MT
bihar Makhana Ponds
Bihar’s Saharsa Farmers Transform Flooded Lands into Profitable Makhana Ponds, Earn Up to ₹50,000 Annually
omc
Odisha Mining Corporation Achieves Record Mineral Production and Rs 25,300 Crore Revenue in FY26
ADVERTISEMENT
ADVERTISEMENT
Videos
Y V Jhala
Leopards Aren't Endangered in Maharashtra Anymore?
Ajay Kumar Choudhary
Ajay Kumar Choudhary : The IPS Who Sees The World Like a Canvas
WhatsApp Image 2026-03-28 at 6.22
Nemesis of Law-breakers, in Cities & Forests
ADVERTISEMENT
UPSC Stories
Deepanshu Jindal AIR 38
UPSC Success Story: How Deepanshu Jindal Cleared CSE 2025 with AIR 38
Deepanshu Jindal secured AIR 38 in UPSC CSE 2025 after overcoming personal loss, close misses, and multiple...
Neha Panchal UPPCS
From Motherhood to Merit List: How Neha Panchal Turned Eight Years of Struggle into Rank 1 in UPPCS-2024
Neha Panchal topped UPPCS 2024 after eight years of preparation, balancing motherhood, family responsibilities,...
Pulkit Jain UPSC CSE 2025
How Bhopal’s Pulkit Jain Overcame FOMO and Cracked UPSC
Pulkit Jain from Bhopal cracked UPSC in his fourth attempt after missing the final list by just 3 marks...
CSR NEWS
ews
DVK Foundation Launches Scholarship Programme for EWS Students at BGIS Vrindavan
BGIS Vrindavan Partners with DVK Foundation for EWS Student Scholarships
ECIL
ECIL Completes CSR Project by Handing Over Retaining Wall at Rastriya Vidya Kendra, Telangana
ECIL Enhances Student Safety and School Infrastructure in Medchal-Malkajgiri District Through Corporate...
ntpc
NTPC WR-I Launches ₹7.64 Crore CSR Project to Renovate IPD Blocks at N.M. Wadia Hospital, Solapur
Renovation of Buildings A, B, and Annex to Strengthen Healthcare Infrastructure, Improve Patient Care,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Manoj Sethi Tenure Extension
DoPT Clears Extensions for Mangesh Ghildiyal, Ved Prakash Mishra; Anupam Raj, Mitali Namchoom Get New Posts
WhatsApp Image 2026-04-03 at 9.23
Reimagining Justice in the Age of AI: A Journey Together
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Y V Jhala
Ajay Kumar Choudhary
WhatsApp Image 2026-03-28 at 6.22
ADVERTISEMENT
ADVERTISEMENT