Shib Narayan Das, director of Saradha Realty, was today remanded in CBI custody for four days by a city court in connection with the multi-crore chit fund scam.
CBI had arrested Das in Kolkata yesterday and seized a fully-loaded .38 calibre revolver from him. Das was produced before the Alipore court today. He would be produced before the court again on January 22.
He had allegedly suggested to the Saradha Group chairman Sudipto Sen to start a chit fund company and lure investors to deposit in their schemes in 2008.