New Delhi, March 17 (UNI) The Central Bureau of Investigation (CBI) today said that it has arrested an absconding accused, M. Naga Kumar alias Tamil Selvan, who had been on the run in a bank fraud case involving Rs 4.66 crore.
He was arrested from Chennai.
According to the CBI, the accused had been absconding since the investigation stage. The agency had registered the case in 2015 based on a complaint received from Indian Bank, Chennai North Zone, against K. Rajendran, proprietor of Sri Sai Baba Real Estates and Constructions, along with Sarathy and Balu (Chartered Accountants), unknown public servants, and others.
The complaint alleged that the accused cheated Indian Bank to the tune of Rs 4.66 crore by submitting forged documents to avail multiple home loans. M. Naga Kumar was one of the borrowers in the case. The CBI filed a chargesheet on March 14, 2017, against 33 accused, including him.
Coordinated efforts were made by the CBI to trace the accused using sophisticated tools and extensive field operations. It was eventually found that M. Naga Kumar and his wife were living in Chennai under new identities. He had changed his name to Tamil Selvan and modified all his documents accordingly.
The CBI conducted discreet verification to confirm his identity and apprehended him on March 16, 2026.
The accused was produced before the competent court in Chennai and has been remanded to judicial custody.
