Pune Police Arrest Rs 2 Crore Embezzlement Accused from Nashik Hotel

Pune/Nashik, 16th June 2026: Pune Police, with assistance from Nashik Police, arrested an absconding accused involved in an alleged embezzlement of nearly Rs 2 crore from a real estate project in Pune.

The accused, identified as Simon Ronnie Peter (42), served as the Senior Sales Manager for the ‘Ganga Fernhill’ residential project. According to police, he had been entrusted with overseeing flat sales and related activities across four buildings of the project.

Based on a complaint lodged by Kiran Dadasaheb Shinde (38), Peter allegedly diverted money collected from the sale of flats into a fraudulent private bank account belonging to his associate, B. Chandrashekhar, instead of depositing it into the company’s official account. Investigators estimate that approximately Rs 2 crore collected from 32 customers was misappropriated through the scheme.

Following the complaint, Kalepadal Police Station registered a case on June 9 under various provisions of the Bharatiya Nyaya Sanhita (BNS), 2023. After the case was filed, Peter allegedly went into hiding and switched off his mobile phone to evade arrest.

During the investigation, Pune Police received information that the accused was staying in Nashik. Officials from Kalepadal Police sought assistance from the Gangapur Police Station, led by Senior Police Inspector Ashok Sharmale, to trace and apprehend him.

Acting on specific intelligence, police learnt that Peter had checked into Room No. 301 of Hotel Treebo Sapphire in Kalenagar on Gangapur Road. A team led by Crime Investigation Officer Ghanshyam Bhoye conducted a swift operation and detained the accused from the hotel.

Peter was subsequently handed over to Pune Police for further legal proceedings.

The successful operation was carried out under the supervision of Senior Police Inspector Ashok Sharmale, with the assistance of Assistant Sub-Inspector Tushar Deore and police personnel Ravindra Mohite, Girish Mahale, Bhagwat Thavil, Ghanshyam Bhoye, Pravin Kedare, Gorakh Salunke, Sujit Jadhav, and Tulshidas Chaudhary.

Police said further investigation is underway to ascertain the full extent of the alleged financial fraud and identify the involvement of other individuals, if any.