Rajpur police in Dehradun have registered a fraud case against Siddharth Bakshi alias Honey following a court order. The complaint concerns an alleged investment-related loss of ₹1 crore 9 lakh 94 thousand involving a relative.

The complainant, Ravindra Singh, alleged that Bakshi sought money to start a new business and promised attractive returns. Singh said he transferred ₹84.94 lakh to different bank accounts between 28 June 2021 and 3 February 2022.

According to the complaint, Singh also provided ₹5 lakh by cheque and ₹20 lakh in cash. Together, these payments amounted to ₹1 crore 9 lakh 94 thousand, the complainant alleged.

Complaint alleges unpaid returns and threats

Singh claimed that Bakshi initially assured him that both the investment amount and profits would be returned. He alleged that the accused later stopped providing business and profit details and did not repay the money.

The complaint further alleges that demands for repayment led to threats. Singh said Bakshi stopped answering calls and blocked his number. Singh also told police that his elder brother, Surendra Singh, allegedly lost around ₹55.77 lakh in a separate transaction involving Bakshi.

These allegations have not been established by a court. Police have registered the case and begun investigating the claims.

Power of attorney and property sale allegation

Singh also alleged that Bakshi obtained a power of attorney relating to his property. Parts of the property were subsequently sold, according to the complaint.

The complainant claimed that he was not given an account of the proceeds from those sales and that Bakshi retained the entire amount. The power of attorney was later cancelled, the complaint stated.

Complaints preceded court intervention

Singh first approached Rajpur police station and the IT Park police out, according to the case details. He then submitted a complaint to the Dehradun senior superintendent of police on 27 March 2026.

The complainant said he also used the Chief Minister’s portal on 6 April. He claimed that further complaints were sent to police by email on 27 April, 1 May, 30 June and 17 July.

A second complaint was sent by to Rajpur police station on 22 July and was received on 25 July, according to the details provided. Singh alleged that no FIR was registered despite these complaints.

He subsequently approached the court under Section 175(3) of the BNSS, seeking directions for registration of an FIR. Following the court’s intervention, Rajpur police registered the case against Bakshi.

Investigation to examine financial records

Police will examine the bank transactions, cheque and other documents supplied by the complainant. These records are expected to form part of the evidence examined during the investigation.

The registration of an FIR marks the beginning of the police inquiry. It does not by itself establish criminal liability, and the allegations will be assessed through the investigation and any subsequent legal proceedings.

Conclusion

Rajpur police are investigating allegations that ₹1 crore 9 lakh 94 thousand was taken for investment, along with claims involving threats and property transactions, after the court directed registration of the case.

Frequently Asked Questions

Q. What is the Dehradun case about?

The case concerns an allegation that ₹1 crore 9 lakh 94 thousand was taken from Ravindra Singh for investment in a new business and was not returned.

Q. Who has been named in the case?

The complaint names Siddharth Bakshi alias Honey, who was described as the complainant’s nephew.

Q. When were the main investment payments made?

Ravindra Singh alleged that ₹84.94 lakh was transferred between 28 June 2021 and 3 February 2022. He also alleged payments of ₹5 lakh by cheque and ₹20 lakh in cash.

Q. What other financial allegation was made?

Singh told police that his elder brother, Surendra Singh, allegedly lost around ₹55.77 lakh in a separate transaction involving Bakshi.

Q. What property-related claim is included?

The complainant alleged that a power of attorney was obtained, parts of the property were sold and the sale proceeds were not accounted for.

Q. Why did the complainant approach the court?

He alleged that repeated complaints did not result in an FIR. He then sought directions under Section 175(3) of the BNSS.

Q. What will police investigate?

Police will examine bank transactions, cheque records and other documents provided by the complainant.