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
Cheetah-cubs-kuno
Kuno National Park Shock: 4 Cheetah Cubs Found Dead Near Den in MP; Predation Suspected
Fating Rahul Haridas
IAS Fating Rahul Haridas Appointed Private Secretary to Union Minister Rajiv Ranjan Singh in Dual Charge Role | Know Him
cm bihar
Bihar Fast-Tracks Development Under Seven Resolves-3 Across Health, Energy and Infrastructure Sectors
Kerala_govt_resized
UDF Set to Rehabilitate IAS Officers B Ashok and Prasanth Nair; Two Side-lined Bureaucrats Likely to Get Key Roles in Kerala
IAS Subodh Kumar Singh
Who Is IAS Subodh Kumar Singh? Former NTA DG and IIT Roorkee Graduate Back in Spotlight Amid NEET Paper Leak Row
bihar
Bihar Inaugurates ₹115 Crore Mandiri Nala Road Project in Patna to Boost Drainage and Traffic Flow
MTNL
Leadership Continuity: MTNL Extends CMD Additional Charge of A. Robert J. Ravi for Six Months 
Karnisar Solar Project
PESB Recommends Paresh R. Ranpara as Director (Personnel) of NHPC Limited After Competitive Selection Process 
ADVERTISEMENT
ADVERTISEMENT
Videos
Rupinder Brar
Rupinder Brar Beyond the Desk: Music, Mindfulness & the Many Sides of a Civil Servant
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
ADVERTISEMENT
UPSC Stories
WhatsApp Image 2026-05-12 at 4.23
11 Years, One Dream, All CSE Attempts Exhausted: How Indian Coast Guard Officer Anshuman Singh Secured AIR 2 in UPSC IFS 2025
After Exhausting All UPSC CSE Attempts, This Coast Guard Officer Turned Setbacks Into Strength and Secured...
Dr Washim Ur Rahman UPSC
How Dr. Wasim Ur Rahman Cleared UPSC After Years of Setbacks and 5 Interviews
Dr. Wasim Ur Rahman secured AIR 157 in UPSC CSE 2025 after five interviews, IRS selection, and years...
WEB THUMBNAIL TEMPLATE -3
A Farmer’s Son Who Defied All Odds to Become AIR 1 in UPSC IFS 2025 Exam – The Inspiring Story of Basavaraj Kempawad
Basavaraj, a farmer’s son from Belagavi, Karnataka, overcame failure and financial struggles to secure...
CSR NEWS
CSR
HURL and ALIMCO Distribute Assistive Devices to Empower Persons with Disabilities in Barauni, Bihar
CSR initiative led by HURL and ALIMCO improves mobility, independence, and quality of life for beneficiaries...
ongc
ONGC Receives Visionary Leadership Award for Digital Education Initiatives in 7,500 Government Schools
Sampark Foundation honours ONGC for transforming classrooms in Uttarakhand and Jharkhand through smart...
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...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Cheetah-cubs-kuno
Kuno National Park Shock: 4 Cheetah Cubs Found Dead Near Den in MP; Predation Suspected
Fating Rahul Haridas
IAS Fating Rahul Haridas Appointed Private Secretary to Union Minister Rajiv Ranjan Singh in Dual Charge Role | Know Him
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Rupinder Brar
WhatsApp Image 2026-05-05 at 6.46
Punjab’s Welfare Push Backed by Surging Revenues Harpal Singh Cheema
ADVERTISEMENT
ADVERTISEMENT