Stock Guru scam: Ullhas PC extended
Meanwhile, Ulhas' mother Kamal Kher also appeared before the court along with the couple's two other minor daughters, aged three and six years, seeking their custody from the court.
The children were brought here by the Delhi Police since at the time of arrest of the couple, no other family member was present to take the custody of the minors, necessitating the need for their grandmother to apply for their custody.
"This court has no jurisdiction to decide the custody of these two children, therefore, same is maintained as it is," the court said with direction to Kher to "appear before the Child Welfare Committee at Nagpur, Maharashtra, the place of her residence, in order to seek further orders from the competent authority."
The couple was arrested by EoW on November 10 from Ratnagiri in Maharashtra for allegedly duping around two lakh investors from seven states of nearly Rs 500 crore by promising them high returns through their firm M/s Stock Guru India dealing in stock market.
Ullas (33) from Nagpur, Maharashtra and Raksha J Urs (30) from Mysore allegedly assumed 14 different identities, seven each. They posed as doctors, investors, businessmen and ran several fraudulent firms.
The police said it has till date received 14,303 complaints in Delhi but during investigations found that there were about 2,05,062