The Dhanbad loan fraud bail case update created attention on Wednesday after the court granted bail to Vijay Kumar Nishad and Sangeeta Devi. The Dhanbad loan fraud bail case update comes months after investigators exposed a scam involving fake BCCL documents used to secure a loan of ₹87.95 lakh from Jharkhand Gramin Bank’s Borio (Govindpur) branch.
Both accused live in Mandal Pada under the Saraidhela police station area. Their bail plea was heard before District and Sessions Judge Pancham Vijay Kumar Srivastava. Defence advocate Kumar Krishna said his clients did not participate in the fraud. The prosecution presented its side through the Additional Public Prosecutor.
After reviewing both arguments, the judge granted bail. Vijay had earlier surrendered before the court of Judicial Magistrate First Class Angelina John on September 6, 2025, but the court denied bail. Police later arrested Sangeeta on October 17, 2025.
The case dates back to the period between October 29 and December 29, 2023. During that time, a group including Sanju Devi, Balika Devi, Ravi Kumar, Sangeeta Devi, Poonam Devi and Surendra Paswan used forged BCCL documents to take the loan. Branch manager Asha Sinha filed the FIR at Govindpur police station on February 23, 2024.
