Overview
- The FIR was registered on February 10 at Bhogaon police station, naming Talpade and 12 others under sections related to cheating and fraud.
- Police have launched an investigation to trace the flow of funds and verify the structure and authenticity of the purported Mumbai-based bank branch operating in Mohalla Mishrana.
- Investigators have not detailed Talpade’s alleged role, and no arrests have been reported as the probe continues.
- The complaint alleges villagers invested lakhs after assurances of substantial profits, then were unable to recover their money and sought a court directive.
- Talpade’s name has surfaced in prior cooperative and chit-fund cases in Uttar Pradesh, Haryana and Uttarakhand, including a 2025 Baghpat FIR that also named actor Alok Nath.