In a significant development, the Central Bureau of Investigation (CBI) has arrested two individuals, Deepak Sanjeev Suvarna and Deepak Yadava, in connection with a ₹64.82 crore fraud involving the Uttar Pradesh Forest Corporation (UPFC). The arrests occurred after a complaint from the Bank of India, which revealed that the accused had opened a fraudulent bank account using forged Know Your Customer (KYC) documents and fake authorizations. This account was used to create fake fixed deposit receipts purportedly on behalf of UPFC. The fraud was uncovered when UPFC officials notified the bank that they had not authorized any such transactions. The CBI is continuing its investigation to determine the involvement of other suspects, including potential bank officials and firms that received diverted funds. The accused have been remanded to police custody until May 16 for further questioning.