Falcon Group ex-COO Vikas Kumar Sakhare arrested in ₹792 crore deposit fraud case

The Telangana Crime Investigation Department arrested Vikas Kumar Sakhare, former chief operating officer of the Falcon Group, in connection with the large-scale deposit fraud involving hundreds of crores of rupees.

Sakhare, 40, was apprehended at his residence in Hydershakot on Wednesday, and was produced before a magistrate for judicial remand. Officials said he played an active role in the offence.