Mumbai Police's Economic Offences Wing (EOW) arrested Ramesh Govani, owner of Kamala Mills and a real estate developer, in a Rs 670.50 million fraud case. Govani, who is also a director of a private land development company, was accused of purchasing a project in Mumbai's Khardanda area but failing to pay the Rs 670.50 million consideration amount to the complainant. Despite repeated demands for payment, Govani allegedly ignored them, leading the complainant to approach the EOW and file a complaint.

Following the complaint, a case was registered against Govani under sections 409 (criminal breach of trust), 420 (cheating and dishonestly inducing delivery of property), and 34 of the Indian Penal Code. Govani was summoned for questioning at the EOW office, where he was subsequently arrested for his alleged involvement in the fraud case.

This is not the first time Govani has faced legal troubles. He had previously been arrested in connection with a devastating fire that occurred on December 29, 2017, at two rooftop pubs in the Kamala Mills compound in central Mumbai. The blaze resulted in the deaths of 14 people.