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
bihar  Arun Shankar Prasad
Bihar Announces 100-Day Roadmap for 1 Crore Jobs with Major Skill Development and Recruitment Drive
Gujarat Civic Body Appointment
Who Is Shantanu Bala? IAS Officer Appointed as Private Secretary to West Bengal Chief Minister Amid Administrative Reshuffle
MK-Yadava IFS
Ex-IFS Officer M.K. Yadava Continues as Assam Special Chief Secretary After Government’s Term Ends, Sparks Fresh Controversy
Dr
IAS Raghav Langer Represents India at FSMB Annual Meeting in US as Part of National Medical Commission Delegation | Know Him
bpcl
BPCL Kochi Refinery Wins IMC RBNQA 2026 for Excellence in Safety, Innovation and Sustainable Operations
SAIL
Dr AK Panda Assumes Charge as Chairman and Managing Director of SAIL
ECL COAL
Eastern Coalfields Limited Launches New Digital Platforms to Boost Efficiency, Transparency and Employee Services
nhpc
NHPC Commissiones 250 MW Unit 4 of Subansiri Project, Reaches 1,000 MW Milestone in Major Hydropower Push
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-05-05 at 6.46
Rupinder Brar: The Officer Connecting Policy, People, and India’s Key Sectors
Punjab’s Welfare Push Backed by Surging Revenues Harpal Singh Cheema
Punjab’s Welfare Push Backed by Surging Revenues
vandana
IRS Vandana Sagar: From Academic Excellence to International Tax Leadership and a Champion’s Mindset
ADVERTISEMENT
UPSC Stories
WhatsApp Image 2026-05-05 at 1.45
She Missed by 0.2 Marks… Twice. Now Srishti Goyal is AIR 160 in UPSC 2025
From missing exams by fractions to cracking UPSC CSE 2025 with AIR 160, Srishti Goyal’s journey is a...
ashish
After Losing His Mother at 10, He Fought On to Fulfil Her Dream
Ashish Sharma’s UPSC journey is a powerful story of loss, persistence, and purpose, culminating in AIR...
Animesh Pradhan UPSC CSE 2025
How Animesh Mishra Cracked UPSC CSE 2025 with AIR 428: Prelims, Mains & Interview Strategy 
Animesh Mishra secured AIR 428 in UPSC CSE 2025 with a strategic and disciplined approach. Read his preparation...
CSR NEWS
rec
REC Limited Wins Gold Medal for Deploying 7 Mobile Medical Units to Boost Rural Healthcare in Andhra Pradesh
Honoured on World Red Cross Day for CSR initiative improving last-mile healthcare access across 7 districts...
NBCC
NBCC Wins ₹103.47 Crore CSR Project Contract from Power Finance Corporation Across India
State-owned NBCC appointed as Project Management Agency to execute CSR initiatives across multiple states,...
REC Limited
REC Limited Launches ₹11.55 Crore CSR-Funded Sankara Eye Hospital in Bihar to Transform Rural Vision Care 
Project to Deliver 1.5 Lakh Eye Consultations and 40,000 Surgeries, Expanding Rural Healthcare Access...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
bihar  Arun Shankar Prasad
Bihar Announces 100-Day Roadmap for 1 Crore Jobs with Major Skill Development and Recruitment Drive
Gujarat Civic Body Appointment
Who Is Shantanu Bala? IAS Officer Appointed as Private Secretary to West Bengal Chief Minister Amid Administrative Reshuffle
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-05-05 at 6.46
Punjab’s Welfare Push Backed by Surging Revenues Harpal Singh Cheema
vandana
ADVERTISEMENT
ADVERTISEMENT