The Economic Offences Wing of Delhi Police has arrested Sanjeev Dixit, also known as Sanjay Sharma, a proclaimed offender who had allegedly been absconding for nine years in connection with a bank fraud case involving forged property documents and credit facilities worth more than ₹18 crore.
Forged Sale Deed at Centre of Case
According to Delhi Police, the case was initiated after a complaint by Usha Rani Sethi, who accused Dixit and his associates of forging a sale deed dated February 16, 2013, related to her property in Vivek Vihar, Delhi.
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Police said the alleged forgery involved impersonating the complainant before the Sub-Registrar-VIII office. The forged document was later allegedly used to create an equitable mortgage and obtain credit facilities from Chinatrust Commercial Bank, Connaught Place, resulting in wrongful losses to financial institutions.
During the investigation, police stated that Dixit conspired with co-accused Sachin Bhardwaj and others to arrange a woman impersonator. The impersonator allegedly used PAN details of another person bearing the same name as the complainant to register the forged sale deed without the complainant’s knowledge or consent.
Loans Later Declared NPAs
The EOW alleged that the accused secured credit facilities exceeding ₹18 crore from several banks by mortgaging forged property documents. The loans included ₹10 crore from Chinatrust Commercial Bank, a ₹5 crore cash credit limit, a ₹70 lakh car loan and another ₹3 crore cash credit limit from other banks.
Police noted that these loan accounts were later declared non-performing assets. Investigators also claimed that the accused routed the disbursed funds through shell companies and fictitious bank accounts to conceal the money trail.
According to police, Dixit allegedly operated under the alias “Sanjiv Gandhi” during the movement of funds. The investigation is continuing into the financial trail and the role of other accused persons.
Arrest After Nine Years
Dixit had allegedly been evading arrest since 2017 after absconding from Uttar Pradesh Police custody. A court declared him a proclaimed offender on July 4, 2017.
Following prolonged technical surveillance and verification, investigators found that he was lodged in Central Jail No. 7, Tihar, in an unrelated criminal case. He was produced before a court on June 25, 2026, on a production warrant and arrested in the present case.
Delhi Police said 12 criminal cases involving cheating, forgery, criminal conspiracy and corruption charges are registered against Dixit by various agencies and police units. The investigation into the present case remains ongoing.
