MEERUT, Jan. 14 -- With the arrest of two key accused, including a sales manager of a private bank, Shahjahanpur police on Tuesday claimed to have busted a major GST fraud racket involving the creation of bogus firms to evade taxes worth Rs.10.77 crore. The arrests were made following a tip-off while the accused were allegedly on their way to meet a lawyer.

The arrested men were identified as Sanjeev Gupta, a Ghaziabad resident working as a sales manager at a private bank, and Varun Sharma alias Golu of Amethi. Earlier on December 5, police had arrested three other members of the same gang.

Superintendent of police Rajesh Dwivedi said the case dates back to May 28, 2025, when assistant commissioner of state tax Bhavna Chandra lodged an ...