The CBI finally arrested an accused who has been absconding for 13 years. The arrest took place on 18 September 2025 from Kollam district of Kerala. The name of the accused is Surendran J. Is, who was the owner of a company named Stitch and Ship.

The CBI had registered a case in this case on 21 July 2010. It was alleged that Surendran took a credit credit credit of Rs 1.50 crore on the basis of fake and fake documents from Ludhiana’s Bank of India. He was the main conspirator in this fraud.

Court declared a fugitive in 2012

Surendran never appeared in court even after the charge sheet was filed. In 2012, he was declared a fugitive by the court. Since then, the CBI was constantly searching for him, but that hand did not come. Recently, the CBI found Surendran’s location in Kollam, Kerala through technical intelligence and ground inputs. After this, the CBI team raided and arrested him.

Accused in judicial custody

After the arrest, Surendran was produced in the court of Thiruvananthapuram on Friday (September 19, 2025). From there, he was sent to the special CBI court of Mohali on transit remand. He was sent to judicial custody after appearing in Mohali court on Saturday (September 20, 2025).

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