Archive · 25 Jan 2026
Six Arrested in Nashik Over Missing Rs 400 Crore Container
In Nashik, Maharashtra, six people were arrested for kidnapping and hurting a man named Sandeep Patil.
They said Patil stole a big container full of Rs 2000 notes worth Rs 400 crore.
The notes were taken out of circulation in May 2023 but are still legal.
The police are investigating if the container really had that much money.
The six people, including Sayyad Azhar, Virat Gandhi, and Machhindra Madavi, took money from a builder to secure the notes but then said the container was stolen.
The builder's men kidnapped and hurt Patil, who then went to the police.
The Karnataka police are waiting for more evidence before they take action.
Six individuals were arrested for kidnapping and assaulting a man over a missing container allegedly filled with Rs 400 crore in Rs 2000 notes.
The Rs 2000 notes were withdrawn from circulation in May 2023 but remain legal tender.
The accused approached a builder, claiming to have a container of Rs 2000 notes and needing money for security.
The builder's men allegedly kidnapped and assaulted Sandeep Patil, accusing him of stealing the container.
Patil lodged a complaint with the Nashik Rural Police, leading to the arrests.
- Who
- Six individuals, including Sayyad Azhar, Virat Gandhi, and Machhindra Madavi, were arrested. Sandeep Patil was the victim.
- What
- A container allegedly filled with Rs 400 crore in Rs 2000 notes is missing.
- When
- The incident occurred recently, with arrests made and a complaint lodged.
- Where
- Nashik, Maharashtra and Belagavi, Karnataka
- Why
- The individuals were arrested for kidnapping and assaulting Sandeep Patil, who was accused of stealing the container.
Maharashtra Police
Karnataka Police
Evidence and FIR Registration
Maharashtra Police
Maharashtra Police have registered a case and arrested six individuals based on the complaint and initial evidence.
Karnataka Police
Karnataka Police have not registered an FIR yet, stating they need concrete evidence and not just hearsay.
- Location
- Nashik, Maharashtra and Belagavi, Karnataka
- Amount Involved
- Rs 400 crore
- Currency Type
- Rs 2000 notes
- Withdrawal Date
- May 2023
- Legal Tender Status
- Continues to be legal tender
- Arrested Individuals
- Sayyad Azhar, Virat Gandhi, Machhindra Madavi, and three others
- Victim
- Sandeep Patil
- Investigation Status
- Ongoing, with a Special Investigation Team constituted in Nashik
Sources
6 Arrested As Nashik Cops Hunt For 'Missing Container' Full Of Rs 2000 Notes
Mystery Of The Missing ₹400 Crore: Chorla Ghat At Centre Of South India's Biggest Heist Claim
Rs 400 cr ‘heist’: Will register FIR based on concrete evidence, not on ‘hearsay’, says Belagavi SP
