<p>CBI today arrested Shib Narayan Das, Director of Kolkata-based firm Saradha Realty, in connection with the multi-crore rupee chit fund scam.<br /><br /></p>.<p>CBI apprehended Das in Kolkata and seized a fully-loaded .38 calibre revolver from him.<br />Sources said it was Das who had allegedly suggested to the Chairman of Saradha group to start a chit fund company and lure investors to deposit in their schemes in 2008.<br /><br />CBI sources said that after founding the Saradha group on July 8, 2008, Sen had appointed Das as the Director and shareholder.<br /><br />According to sources, it was suggested by Das that while 30 per cent of the deposits would be retained by them, the rest could be returned to investors after 10-12 years at a decent interest.<br />CBI has so far registered four cases against Saradha group in West Bengal on the directions of the Supreme Court.</p>
<p>CBI today arrested Shib Narayan Das, Director of Kolkata-based firm Saradha Realty, in connection with the multi-crore rupee chit fund scam.<br /><br /></p>.<p>CBI apprehended Das in Kolkata and seized a fully-loaded .38 calibre revolver from him.<br />Sources said it was Das who had allegedly suggested to the Chairman of Saradha group to start a chit fund company and lure investors to deposit in their schemes in 2008.<br /><br />CBI sources said that after founding the Saradha group on July 8, 2008, Sen had appointed Das as the Director and shareholder.<br /><br />According to sources, it was suggested by Das that while 30 per cent of the deposits would be retained by them, the rest could be returned to investors after 10-12 years at a decent interest.<br />CBI has so far registered four cases against Saradha group in West Bengal on the directions of the Supreme Court.</p>