Agartala, August 13, 2025: In a significant breakthrough in the much-discussed chit fund scam in Tripura, the Central Bureau of Investigation (CBI) has arrested the director of a private chit fund company from Kolkata, West Bengal. The arrest was made on August 11, following a non-bailable arrest warrant issued by the CBI Special Court in Agartala on July 22.

In an official statement, the CBI said, “The accused, one of the directors of the chit fund company, defrauded the general public of approximately Rs 25 lakh. He was involved in serious offences including cheating, criminal breach of trust, and non-return of deposits after maturity in a joint conspiracy.”

The case was initially registered on March 14, 2023. Following the investigation, a chargesheet was filed on September 28, 2024. However, the agency noted that the accused had been absconding during the trial proceedings. “Despite repeated summons, the accused failed to appear before the court, which led to the issuance of a non-bailable warrant,” the CBI added.

After the arrest in Kolkata, the accused was presented before the Kolkata Magistrate Court, which granted a three-day transit remand. He is expected to be produced before the CBI Special Court in Agartala within this period.

A CBI spokesperson remarked, “This arrest marks a crucial step in ensuring justice for the victims of the chit fund scam. The trial in this case is still ongoing.”