CBI arrests three accused in Lucknow's Central Bank, Union Bank fraud cases

The CBI arrested three accused, who were on the run for 13 years, from Mumbai and Pune in the fraud cases of Central Bank and Union Bank of India in Lucknow.

The Central Bureau of Investigation (CBI) arrested three accused on Thursday from Pune and Mumbai in the 13-year-old Lucknow's Central Bank and Union Bank of India fraud cases. The arrested persons were produced before the Court of Special Judge, CBI, Cases, in Lucknow, where they were remanded to judicial custody. They were identified as Gaurav Sagar Gupta, who was arrested from Pune, Vaibhav Gupta and Usha Gupta, who were nabbed from Mumbai. On December 13, 2007, the CBI had registered a case against the three and 12 others, including officials of the Union Bank of India, Sachivalaya Branch, and Central Bank of India, Nakkhas Branch in Lucknow.