Updated On: 07 March, 2026 11:41 PM IST | Mumbai | mid-day online correspondent
A Mumbai court has denied bail to Purushottam Chavan, the husband of IPS officer Rashmi Karandikar, in a Rs 24.78-crore cheating case. The court cited strong evidence of his involvement and the risk of influencing witnesses

The accused was arrested on May 20, 2025, and has been in judicial custody since then. Representational pic
A court in Mumbai has once again denied bail to Indian Police Service (IPS) officer Rashmi Karandikar’s husband, Purushottam Chavan, in a high-profile cheating case involving over Rs 24 crore. The court noted that there is sufficient material on record indicating his involvement in the alleged crime.
Chavan is accused of swindling victims out of approximately Rs 24.78 crore by promising plots and flats at low prices under government quota. According to the police, he lured people with false assurances, creating a carefully planned scheme to cheat the public.