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Mumbai Police EOW Arrests IPS Officer’s Husband in Rs 24.78-Crore Fraud Case

Purushottam Chavan, already in custody for a Rs 263-crore ITR scam, is now accused of duping victims through government quota flat schemes.

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Overview

  • Purushottam Chavan, husband of IPS officer Rashmi Karandikar, was arrested by Mumbai Police EOW for allegedly cheating 20 victims of Rs 24.78 crore by falsely offering government quota flats at concessional rates.
  • The EOW registered two FIRs in February 2025, detailing separate frauds by Chavan between March 2015 and April 2024, including a Rs 7.42-crore scam involving a Surat businessman.
  • Chavan had been in judicial custody since May 2024, following his arrest by the Enforcement Directorate in a Rs 263-crore Income Tax Refund (ITR) fraud case.
  • The investigation revealed Chavan’s use of forged documents and unfulfilled promises to secure contracts and sell government properties, targeting victims in Mumbai, Thane, Pune, and Nashik.
  • IPS officer Rashmi Karandikar, questioned by the EOW in March 2025 regarding financial transactions with her husband, has filed for divorce citing financial and personal grievances.