New Delhi, February 7: The Central Bureau of Investigation (CBI) has made a significant move in a bank fraud case by arresting proclaimed offender Renu Saxena on Friday.
The case was registered on March 30, 2012, against D.P. Singh, the branch manager of Punjab and Sind Bank at the Diwan Public School branch in Meerut. Singh allegedly conspired with 46 others to approve 24 housing loans and two overdraft against property (ODP) loans, totaling approximately ₹3.63 crores. These loans were sanctioned based on fake and forged identity and income certificates from borrowers and guarantors. Renu Saxena is one of the accused in this case.
Investigations revealed that Renu Saxena, in collaboration with her husband and co-accused Bhudev Singh, created a fraudulent sale deed under the fictitious name Maya Devi for a property in Meerut. Using these forged documents, a housing loan of ₹14 lakhs was approved for a beneficiary on March 29, 2011.
On November 26, 2014, the CBI filed a chargesheet against D.P. Singh, Renu Saxena, and other accused. However, despite summons being issued, Renu Saxena failed to appear in court. Consequently, on May 11, 2017, a competent court issued a permanent warrant against her, declaring her a proclaimed offender.
The CBI conducted coordinated efforts to locate the accused, ultimately discovering that Renu Saxena was residing in Meerut. On February 6, 2026, the CBI arrested her during a planned operation. She has been presented before a competent court, where she has been remanded to judicial custody.
