MUMBAI, April 23 -- A special court on Tuesday rejected the bail plea of Lallan Singh, the Mulund resident arrested for allegedly helping the Ukranian masterminds of the Torres jewellery fraud to launder crores of rupees collected from unsuspecting investors, through shell companies. Apart from the nature and gravity of the offence, and the active role played by Singh, special judge RB Rote also took into account his criminal past and said it would therefore not be appropriate to grant bail. The 59-year-old Mulund resident was arrested on February 19, 2025, by the Economic Offences Wing (EOW) in connection with the main FIR registered against Platinum Hern Pvt Ltd, which owned the Torres Jewellery brand, its foreign directors and some locals for allegedly defrauding several investors. The EOW probe revealed that the flagship Torres Jewellery store in Dadar had defrauded 15,018 investors of Rs.149.66 crore. Singh had applied for bail claiming he was innocent and that he was a victim of the fraud....