Nowhera Shaik. File
| Photo Credit: NAGARA GOPAL
Nowhera Shaik, managing director of the Heera Group of Companies and prime accused in the multi-crore Heera Gold investment fraud case, was arrested by the Hyderabad Central Crime Station (CCS) police in Haryana after she evaded court appearances in multiple criminal proceedings.
She was apprehended in the Surajkund police station limits of Haryana on Tuesday (May 27, 2025) while travelling from Delhi to Faridabad. A team of four CCS police personnel from Hyderabad tracked her movements and executed the pending non-bailable warrants (NBWs). She was flown back to Hyderabad on a late-night flight and was shifted to Chanchalguda Central Prison around 4 a.m. on Wednesday (May 28, 2025).
According to CCS deputy commissioner of police N. Swetha, Shaik had failed to appear before the Nampally Sessions Court in connection with three criminal case — one in 2019 and two in 2025. Following her continued non-compliance, the Court issued three non-bailable warrants on April 29, 2025 and she fled Hyderabad thereafter.
Shaik was produced before the Nampally Sessions Court earlier today, where she was remanded to judicial custody until June 3, 2025.
Earlier this year, the Enforcement Directorate provisionally attached properties worth approximately ₹400.06 crore belonging to Shaik and the Heera Group under the Prevention of Money Laundering Act (PMLA), 2002, in connection with the investment fraud case.
Published – May 28, 2025 12:26 pm IST
