Startling revelations have emerged regarding eight prominent financial institutions, including Arudhra, Hijau, IFS, and Elbin, in a massive fraud scheme targeting Tamil Nadu investors, amounting to a staggering 14,168 crore rupees. The Economic Offences Division has arrested 45 individuals, consisting of executives and agents from these fraudulent institutions. Notably, among the accused is RK Suresh, a prominent actor-producer and vice president of Tamil Nadu BJP, along with an executive member named Harish.

During the investigations, cash totaling 5.69 crore rupees, along with gold and silver articles valued at approximately 1.13 crore rupees, were seized from the companies. Additionally, 96 crore rupees in bank accounts and immovable assets worth 97 crore rupees owned by the accused have been frozen. Evidence reveals the existence of around 2,000 key agents working for Arudhra, and the police are actively pursuing around 200 suspects associated with the fraudulent institution.

Earlier, RK Suresh was involved in securing the release of a suspect named Rousseau, raising suspicions about his role in the scam. Shockingly, it has come to light that Suresh paid 12 crore rupees to evade prosecution and even suggested that the case could be resolved with more funds. Suresh went into hiding in Dubai after learning about Rousseau's arrest, further confirming his connection to the scandal.

D. Babu, the Additional Government Criminal Prosecutor, has filed a comprehensive 50-page charge sheet at the Tamil Nadu Investors Protection Special Court, highlighting fraudulent activities amounting to around 17 crore rupees and involving over 300 complaints. Around 500 agents involved in the scams have been summoned, and proactive measures, including asset seizure, are being pursued if necessary.

Reports indicate that RK Suresh negotiated transactions worth approximately 15 crore rupees through agents linked to Arudhra Nidhi, with Rousseau playing a significant role in the process. The investigation is ongoing, and subsequent chargesheets will be filed as needed. So far, the authorities have examined 360 complaints related to the case.