Producer Parag Sanghavi was on December 20 arrested by the Bombay police’s Economic Offences Wing in connection with a case of fraud. A court sent him to the custody of the EOW till December 25.

Parag was arrested by the Special Investigation Team (SIT) formed to probe all cheating-related offences against construction company Kamla Landmarc. He, along with his partners, is alleged to have cheated an investor of Rs. 13.74 crore. Sanghavi is one of the partners in a construction firm with Jitendra Jain who is director of Kamla Landmarc. Parag Sanghavi is the CEO of Alumbra Entertainment Pvt. Ltd. The charges against him are cheating, forgery, breach of trust and criminal conspiracy. Jitendra Jain, arrested in 2016 for allegedly cheating home buyers, has been languishing in jail since then.

Complainant Sujal Developers has alleged that Sanghavi, Jain and their other partners conspired with each other and duped him of his three commercial properties to the tune of Rs. 13.74 crore.

Parag had produced/co-produced/financed films like Ab Tak Chhappan, Ab Tak Chhappan 2, Vaastu Shastra, Darna Mana Hai, Darna Zaroori Hai, Sarkar, The Attacks Of 26/11, Golmaal – Fun Unlimited, Ek Hasina Thi, Naach, Chef and some more.