# Thane Police

Type: organization

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/thane-police
Canonical HTML page: https://getcryptobrief.com/entity/thane-police

## Timeline

- **2026-03-23**: Custody Deadline — Initial police custody period ends as investigators seek further details on other potential victims.
- **2026-03-22**: Court Appearance — The accused are produced before a local court and remanded to police custody.
- **2026-03-21**: Apprehension in Bengaluru — A Thane police team travels to Bengaluru to arrest Sumit Gupta and Neeraj Khandelwal.
- **2026-03-16**: FIR Registered — Thane police register a First Information Report at Mumbra police station against the co-founders.
- **2025-08-01**: Investment Scheme Begins — The complainant begins transferring funds based on promises of high returns and a franchise deal.

## Recent coverage (1 stories)

### CoinDCX Co-Founders Arrested in Bengaluru Over Alleged ₹71.6 Lakh Fraud
2026-03-23 04:40:25 · Sentiment: Very Bearish · Impact: 6/10 · Sources: 2

Thane police have arrested CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal following allegations of a fraudulent investment scheme and misappropriation of funds. The arrests stem from a complaint by an insurance advisor who claims to have been duped of ₹71.6 lakh through a purported franchise and high-return investment opportunity.
Full story: https://getcryptobrief.com/story/coindcx-founders-arrested-fraud-india

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