CBI Arrests Proclaimed Offender Renu Saxena in ₹3.63 Crore Bank Fraud Case
The Central Bureau of Investigation (CBI) has arrested Proclaimed Offender Ms. Renu Saxena on February 6, 2026, in connection with a bank fraud case involving Punjab & Sindh Bank.
The case was originally registered on March 30, 2012 against D.P. Singh, then Branch Manager of Punjab & Sindh Bank, Deewan Public School branch, Meerut. The investigation revealed that Singh, in criminal conspiracy with 46 individuals, sanctioned and disbursed 24 housing loans and two Overdraft Against Property (ODP) loans amounting to approximately ₹3.63 crore using fake and fabricated identity and income documents of borrowers and guarantors. Renu Saxena was among the accused.
CBI investigations further established that Renu Saxena, along with her husband Bhudev Singh, executed a false sale deed in the fictitious name of “Maya Devi” for a property in Meerut. Using these forged documents, a housing loan of ₹14 lakh was fraudulently sanctioned on March 29, 2011.
The CBI filed a chargesheet on November 26, 2014 against D.P. Singh, Renu Saxena, and other accused. However, Saxena failed to appear before the court despite summons. Consequently, the competent court issued standing warrants against her on May 11, 2017, and declared her a Proclaimed Offender.
Following sustained efforts, CBI traced Saxena’s whereabouts in Meerut. Acting on specific inputs, a CBI team conducted a coordinated operation on February 6, 2026, and successfully apprehended her.
The accused was produced before the competent court and has been remanded to judicial custody.
