The Ahmedabad Crime Branch arrested the mastermind Altaf Sakarwala (32) In the Rs 1,500 crore bogus billing scam.
Sakwarwala used to operate from a hotel room in Bhavnagar with three others Shabbir Ali, Hanif Saiyed and Nayeem Lakhani wherein they used bogus GST registrations and fake bills to illegally claim input tax credit.
Sakarwala alone was responsible for bogus billing of Rs 852 crore.
Lakhani and Shabbir Ali were arrested last month in connection with this case. In connection with the same case, Rajkot police had also arrested Taufik Saiyed and handed him over to the Ahmedabad Crime Branch.