Damodar Nagda, of the infamous Bhavishya Credit Cooperative Society will be spending a few more days in Jail as his PC Remand has been extended toMarch 25, after he was produced in Court today.

The Police have asked for additional time to interrogate him more on the scam and recover information on documents related to investor’s funds.  As per the Police, they had earlier opened Nagda locker that he was maintaining with the Hiran Magri branch of Vijaya Bank, but found nothing there.

Earlier during the week, two of the co-accused, Arvind Mehta and Rajesh Sharma were sent to judicial custody a day before on the orders of the Court.

However, the main person and mastermind behind Udaipur’s biggest Financial Scam, Sanjay Shukla, is still on the run and Police are still looking for his whereabouts.