Wed May 28 06:56:35 UTC 2025: **Summary:**

Nowhera Shaik, the managing director of Heera Group and the main suspect in the Heera Gold investment fraud case, has been arrested in Haryana by Hyderabad Central Crime Station (CCS) police. She was evading court appearances related to multiple criminal cases. She was apprehended on May 27th, 2025, while traveling from Delhi to Faridabad, and subsequently flown back to Hyderabad. She was remanded to judicial custody until June 3, 2025, after failing to appear in court for cases dating back to 2019. Earlier this year, the Enforcement Directorate attached assets worth ₹400.06 crore belonging to Shaik and the Heera Group.

**News Article:**

**Heera Group’s Nowhera Shaik Arrested in Haryana for Investment Fraud, Evading Court Appearances**

**Hyderabad, May 28, 2025:** Nowhera Shaik, the managing director of the Heera Group of Companies and the prime accused in the multi-crore Heera Gold investment fraud case, has been apprehended by the Hyderabad Central Crime Station (CCS) police in Haryana. The arrest occurred on Tuesday, May 27th, in the Surajkund area while Shaik was traveling from Delhi to Faridabad.

Shaik had been evading court appearances in connection with multiple criminal proceedings related to the investment fraud scheme. According to CCS Deputy Commissioner of Police N. Swetha, Shaik failed to appear before the Nampally Sessions Court for three criminal cases, one dating back to 2019 and two from 2025. The court issued non-bailable warrants on April 29, 2025, prompting her to flee Hyderabad.

A team of four CCS police personnel tracked Shaik’s movements before executing the warrants. She was flown back to Hyderabad late Tuesday night and taken to Chanchalguda Central Prison around 4:00 AM on Wednesday.

Shaik was produced before the Nampally Sessions Court earlier today, where she was remanded to judicial custody until June 3, 2025. This arrest follows the Enforcement Directorate’s provisional attachment earlier this year of properties worth approximately ₹400.06 crore belonging to Shaik and the Heera Group under the Prevention of Money Laundering Act (PMLA), 2002. The case continues to unfold, promising further developments in the investigation.

Read More