🔒 ED Cracks Down: Imposter Caught Threatening Officers in ₹5,978 Crore Heera Fraud!
State Correspondents Exclusive | Hyderabad | January 12, 2026
🚨 BREAKING: Kalyan Banerjee, hired fixer in Heera Group mega-ponzi, arrested for trying to sabotage ED property auctions!
The Enforcement Directorate has exposed a brazen attempt to derail justice in India’s biggest investment scam.
Enforcement Directorate sleuths have arrested Kalyan Banerjee, a Secunderabad-based imposter working for Heera Group mastermind Nowhera Shaik, who orchestrated a monstrous ₹5,978 crore ponzi scheme that ruined thousands of innocent investors.
💰 The Massive Heera Group Fraud
₹5,978 Crore
Stolen from gullible investors
Promised 36% returns annually – Delivered ZERO!
ED attached ₹428 Cr assets for auction to repay victims
🎭 Banerjee’s Desperate Cover-Up Plot
- Fake Bigshot Claims: Posed as consultant to top bureaucrats & politicians to scare ED officers
- WhatsApp Blackmail: Mobile phones loaded with incriminating chats with Nowhera Shaik & associates
- Auction Sabotage: Tried to stop Supreme Court-approved property sales meant for investor restitution
- Full Confession: Admitted working on Shaik’s direct orders during PMLA interrogation
— Enforcement Directorate Statement
⚖️ Court Action
Kalyan Banerjee was produced before Special PMLA Court in Nampally, Hyderabad, and remanded to ED custody till January 23, 2026. The court recognized the gravity of interference in national money laundering investigation.
This dramatic arrest marks a crucial victory for ED’s relentless pursuit of justice in the Heera Group case, ensuring defrauded investors might finally see some restitution through property auctions.
