Three individuals have been booked for allegedly mortgaging land worth around ₹50 crore without authorization. The land belongs to an educational institution and was used to secure a ₹1.5 crore loan for personal benefit. A case has been registered following a complaint by the institution's secretary. The accused include the founder of the institution, Neela Manoharlal Gupta, and two others.
The alleged offence took place from January 22, 2026 onwards. Further details about the case are available from the source.
A complaint was lodged with the police, leading to the registration of the case at a local police station. The institution's secretary, Parameshwar Venkatrao Solunke, filed the complaint against the three accused.
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