The accused were running R S Academy and were allegedly providing fake certificates of Xavier's International University, Goa and Xavier's Senior Secondary School, Mumbai and providing students admission in engineering and medical colleges across the country, police said.
Yesterday, police raided their office located in the posh Gokulpeth area of the city and seized some documents.
Investigation is on to find out whether the racket was being operated in UP, Bihar, Madhya Pradesh and Chhattisgarh, police said.
The accused have been identified as Rohan Kumar, Ajay Kumar Singh, Chandrashekhar Lodhi and Rajshree Gajbhiye.
