Faridabad: Hyderabad Police in Faridabad arrested during a raid arrested Nohera Sheikh, female Chief Executive Officer (CEO) Heera Group allegedly involved in about Rs 500 crore fraud, accused of deceiving large number investors by luring them with 80% profit on their deposits. She was allegedly staying in a hotel in Surajkund in Faridabad area along with her family members for the past four days. Information revealed that a non-bailable warrant was issued against her in 2018 when she did not appear before the court in-spite of repeated reminders after bail. Hyderabad Police took the accused woman with them.
Police that Nohera Sheikh was accused of defrauding investors of Rs 500 crore and three non-bailable warrants were issued against her in 2018. She was arrested. She was out of jail since she got bail from the court a year ago, but she did not appear in court after the bail period expired and a warrant was issued against her. Police spokesperson Yashpal said that on Tuesday evening, the Hyderabad Central Crime team reached Faridabad and informed the local police Surajkund police station. After this, the Hyderabad team along with the police of Surajkund police station reached a hotel in Surajkund and Nohera Sheikh, having non-bailable warrants against her was arrested from there. The police took Nohera Sheikh with them to Hyderabad in the night itself.
According to the police, Nohera Sheikh was running a company called Heera Group having about two hundred companies and about two lakh investors. Nohera had deceived people by promising them profits of about 80 percent every year in a few months when they invested in companies like Heera Gold and Heera Textiles. Nohera Sheikh, the key accused in the multi-crore Heera Gold investment fraud case went underground. According to reports, the Central Crime Station (CCS) team executed pending non-bailable warrants against her after tracking her movements in Haryana. In the month of October 2024, the Supreme Court had cancelled her bail. The decision was taken after she failed to surrender before the local court. After the cancellation of bail, authorities had been monitoring Nohera Shaikh’s whereabouts before finally apprehending her in Surajkund, Faridabad. According to information, the Heera Gold scam, which duped thousands of investors, remains one of Hyderabad’s biggest financial fraud cases.
In another case, a big gang of fraud in the name of investment was busted in Faridabad, in which four persons have been arrested for fraud of more than Rs 35 lakh. Faridabad Cyber Police has arrested four accused in a case of fraud of Rs 35 lakhs 79 thousand in the name of investment in the stock market. The accused lured a person into investing by adding him to a group and got him to open an account on an app and deposit money. Investigation revealed that the accused had also taken commission from the victims. A resident of Puri Pranayam Sector-85 had submitted a complaint in April 2025 that an unknown person suddenly added him to a group. Where people are told about earning money by investing in the stock market. The fraudsters told him that they will take 20 percent of the profit and will give him investment tips. After this, the fraudsters sent him a link to an app where he had to invest and opened his account on that app. After which he invested more than 35 lakhs as per the instructions of the fraudsters. He also sent the money of their commission to the fraudsters but no money was sent back to him.
On this complaint, a case was registered in Cyber Police Station, Central under relevant sections, when the police arrested four persons: Jai Pratap from Mau village (Hathras) in Uttar Pradesh, Drona from Ranhera village in Gautam Buddha Nagar, Anil and Raghav both from Delhi. All the accused live at the same addresses. During interrogation, it was revealed that the accused Jai Pratap is an account holder, in whose account 21 lakh rupees fraud money had come. He had given his account to Drona working as a labour contractor at Noida airport who had further given this account to Anil. The accused Vaibhav used to keep a track on account holders till the money arrived. Jai Pratap and Drona after arrest by the police were sent on police remand for eight days, whereas Anil and Vaibhav were renases to police for six days custody.
