Srinagar – The Economic Offences Wing (EOW) of Crime Branch Kashmir has arrested a Srinagar-based businessman for his alleged involvement in a cheating case amounting to ₹4.24 crore.

An official spokesperson said that Mudasir Ahmad Wani, son of Ghulam Ahmad Wani and a resident of Badamwari, Hawal, Srinagar, was taken into custody in connection with FIR No. 22/2024, registered under Section 318(4) of the Bharatiya Nyaya Sanhita (BNS) at Police Station Karan Nagar. The case was subsequently transferred to the Economic Offences Wing for detailed investigation.

According to the EOW, the case originated from a written complaint lodged by a local businessman engaged in the trade of gold under the firm M/S Bullion Vault . The complainant alleged that the accused, who operated gold outlet

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