Dipankar Barman
Dipankar Barman after his arrest in Goa on Sunday evening

Guwahati: The Assam Police on Sunday evening arrested Dipankar Barman, the prime accused in the alleged Rs 7,000 crore DB Stock Broking scam, from Goa.

Guwahati Commissioner of Police (CP) Diganta Barah said Barman was nabbed by a team from the Guwahti Police, led by Panbazar Assistant Commissioner of Police (ACP) Amit Mahato.

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Taking to social media platforms, the Guwahati Police said Barman had been arrested in Goa by a team from the Central Guwahati Police District (CGPD) with the support of the crime branch of Goa Police.

“Absconding accused Dipankar Barman of DB Stock scam has been arrested in Goa by a Team from CGPD under leadership of Amit Mahato, IPS, ACP Pan Bazar with the support of Crime Branch of @Goa_Police in connection with an ongoing investigation,” the Guwahati Police wrote on microblogging site X.

Dipankar Barman (second from left) after being arrested by the team from Guwahati Police

A video clip shared by CP Barah at 10 pm on Sunday shows Dipankar Barman being taken by the police team apparently to the accommodation in Goa where he was staying.

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The accommodation in Goa where Dipankar Barman was staying

In a few more video clips shared by the CP shows Barman taking out several bundles of Rs 500 notes from a couple of bags.

Barman unwrapping a bundle of notes
Bundles of notes taken out from Barman’s bags

Besides the currency notes, some gold jewellery and a passport were recovered from Barman’s baggage.

Barman with the recovered items

The police seized over Rs 27 lakh from the possession of Barman.

The seized money

The 29-year-old “trading scamster” miraculously disappeared on August 21 this year after defrauding scores of people who invested in his firm DB Stock Broking.

Barman, claiming to be the director of DB Stock Broking, lured people to invest in his firm promising huge returns in a short time.

The scam came to light only on August 21 when the investors did not receive their returns on time and found his office in Guwahati locked with no trace of Barman.

Barman had since then been evading arrest, leaving the investors in dismay for the financial losses they suffered, with the police launching a massive manhunt. 

After over two months of tireless efforts, the Guwahati Police finally tracked him down on Sunday evening. 

The accused is likely to be produced before a Goa court on Monday before being brought to Guwahati on a transit remand for investigation into one of the biggest online scams in Assam’s history.