New Delhi, Sept. 19 -- The Supreme Court on September 17, 2025 has cancelled the bail granted by the High Court of Gauhati to Ranjit Kakoti, main accused in the TradingFX Scam of Dibrugarh Assam based on SLP filed by the CBI challenging the High Court's bail order, the CBI said in a press release.

It may be recalled that the CBI had taken over the investigation of the case on October 14, 2024 from Assam Police on the State Govt. recommendation. The case involved allegations of a large-scale financial scam masterminded by Ranjit Kakoty, which resulted in cheating and fraud amounting to over Rs 250 Crore and affected approximately 1,50,000 victims. During investigation CBI invoked 409 IPC well within 60 days, thereby extending the default ...