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Mihir Diwakar

MS Dhoni’s ex-business partner Mihir Diwakar arrested in Rs 15 crore fraud case

12 April 2024
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Home Breaking

MS Dhoni’s ex-business partner Mihir Diwakar arrested in Rs 15 crore fraud case

Jharkhand Story by Jharkhand Story
12 April 2024
in Breaking, Crime, Sports
Mihir Diwakar

Image: Sportskeeda

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THE JHARKHAND STORY DESK

 

Noida, April 12: Former captain of the Indian cricket team, Mahendra Singh Dhoni’s former business partner, Mihir Diwakar, has been arrested by the police in a case of business fraud.

Mihir Diwakar’s arrest took place in Noida. His arrest follows a complaint filed by Dhoni.

Under sections 406, 420, 467, 468, 471, and 120 B of the Indian Penal Code, the police have taken action against Mihir Diwakar based on Dhoni’s complaint.

Notably, Dhoni had filed a criminal case against Mihir Diwakar in connection with a scam amounting to 15 crore rupees. Dhoni had filed a case in the Ranchi court against Mihir Diwakar and his wife Soumya Das’ company, Aarka Sports and Management Limited.

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What is the case?

Dhoni has filed a criminal case in Ranchi court against Mihir Diwakar and Soumya Das of Aarka Sports and Management Limited. Mihir Diwakar has been a close friend of Dhoni. He has also been his business partner. Mihir has shared many photos with Dhoni on social media.

Dhoni’s friend Simant Lohani has also lodged a complaint with the police that Mihir Diwakar threatened and abused him after he took the legal route against Aarka Sports.

According to the information, Mihir Diwakar had reportedly signed an agreement with Mahendra Singh Dhoni in 2017 to open cricket academies worldwide. Still, Diwakar needed to follow the conditions mentioned in the contract. In this case, Aarka Sports had to pay the franchise fee. Under the agreement, profit was to be shared and all the terms and conditions of the deal needed to be followed.

Dhoni withdrew the authorisation letter from Aarka Sports on August 15, 2021. Many legal notices were sent to him on Dhoni’s behalf but have yet to be successful. After this, Dhoni’s lawyer, Dayanand Singh, claimed that Aarka Sports had cheated him. Due to this, they have suffered a loss of more than Rs 15 crore.

Also Read- Jharkhand Weather: Light rain forecast in isolated areas today, max temp. to rise from tomorrow

Tags: Mihir DiwakarMS DhoniRs 15 crore fraud case
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