The Central Bureau of Investigation reported arresting an accused previously declared a proclaimed offender in a longstanding loan-fraud case linked to the former Allahabad Bank's Patliputra Colony branch in Patna on 5 November 2026. The case involves alleged forged collateral and guarantor documents; an arrest is not a finding of guilt.
CBI reports an arrest in the old bank-loan case
The Central Bureau of Investigation (CBI) reported that it arrested Raja Bihari from Punpun, Bihar, on Thursday, 5 November 2026. According to an IANS report carried by The Hawk, the arrest relates to a longstanding loan-fraud prosecution concerning the former Allahabad Bank’s Patliputra Colony branch in Patna. A court had declared the accused a proclaimed offender after he did not participate in the proceedings, the agency said.
Allahabad Bank was amalgamated into Indian Bank in 2020. The case concerns the earlier institution and events preceding that merger; the current Indian Bank name should not be read as evidence of a new fraud committed under its management.
What investigators alleged
According to the CBI account relayed by the reports, a cash-credit loan was obtained using allegedly forged property-title deeds, fabricated property documents and false guarantor credentials. The agency alleges that bank personnel and middlemen were involved in the arrangement alongside the borrower. The reports do not establish the particular role of every official, identify an audited loss, or demonstrate that the alleged offence has been proved.
Bank officers assessing property-backed credit facilities ordinarily distinguish title documentation, property records and guarantor identity and capacity. In this case those elements form part of the prosecution’s allegations. They should not be treated as a general finding about Indian Bank’s lending operations.
Case chronology
The reports state that investigators filed a chargesheet involving 21 accused on 30 October 2009. The special CBI court took cognisance on 12 November 2009. The agency says Raja Bihari was not participating in the investigation or trial and was later declared a proclaimed offender. Its team traced him through intelligence-led efforts and arrested him in Punpun on 5 November 2026.
Some headlines describe the arrest as occurring after 18 years. The confirmed dated milestones in the published account begin in 2009; the full starting date for that headline calculation was not independently established. The date of the court’s proclamation order and a current remand order were also not available in the reporting reviewed.
What is established and what remains open?
The reported arrest is the new development. A chargesheet is the investigating agency’s accusation, not a conviction. The statements reviewed do not identify any new disciplinary finding against serving Indian Bank staff, provide a final adjudicated bank-loss amount, or determine the outcome of proceedings involving the other accused.
Further updates should be based on actual court orders, agency statements and independently supported evidence. Allegations against individuals must remain distinct from criminal findings and from the institutional history of the amalgamated bank.
Sources and References
Please consult the cited sources and check the exact applicability of any legal or employment change. Corrections are welcomed.
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