Srinagar, Aug. 6 -- The duo has been identified as Majid Nazir Najar S/o Nazir Ahmad Najar R/o Batamaloo Near Mehboob Public School Srinagar and Mubarak Ahmad Rather S/o Nissar Ahmad Rather R/o Gulshan Nagar, Gulposh Colony, reads a statement, adding that they have been arrested in a case under FIR number 11/2025 under Section 420, 467, 468, 471, 120-B IPC of P/S EOW (Crime Branch Kashmir).

"The accused individuals had promised high returns on investment in Adarsh Cooperative Society, SBI Life insurance and HDFC Insurance companies and provided the complainant with deposit certificates. However, during verification, the certificates were found to be fake and forged. The accused individuals projected themselves as authorized representativ...