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Ketan Parekh held

MUMBAI MAY 15. The controversial stock broker, Ketan Parekh, his cousin, Kartik Parekh, and Jatin Sarvaiya were today arrested by the economic offences wing of the city police for cheating a Mauritius-based company to the tune of Rs. 83 crores. They were produced before a metropolitan magistrate, B. A. Shelar, rejected their bail plea and remanded them to police custody till May 22.

— PTI

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