Panbazar Police have arrested Harsh Agarwal, 30, in Siliguri, West Bengal, in connection with an alleged Rs 11,50,56,180 (approximately Rs 11.5 crore) fraud involving a Guwahati-based firm and a gang that posed as suppliers to the Indian Army. The arrest followed an inter-state operation, police said on November 9, 2026.
Alleged use of forged Army supply documents
Police said the gang allegedly used forged Indian Army supply orders, impersonated Army officers and presented fabricated financial documents. Harsh Agarwal is accused of masterminding the scheme by exploiting an existing business relationship with the complainant, M/s Global Traders of Guwahati.
He reportedly introduced his brother, Ayush Agarwal, to the complainant as a distant relative involved in Army supply contracts. Police said this helped build credibility and facilitate the transactions.
Investigation and further action
A team from Panbazar Police Station, led by Officer-in-Charge Sankar Jyoti Nath, investigated financial transactions and digital evidence and gathered intelligence before tracking Agarwal to Siliguri. The case is registered as Panbazar Police Station Case No. 214/2026 under relevant provisions of the Bharatiya Nyaya Sanhita (BNS), 2023, and the Information Technology Act.
Police have frozen more than Rs 2 crore in bank accounts linked to the transactions. The investigation is continuing to trace the remaining amount, identify other beneficiaries and apprehend the remaining accused persons.
