Central Bureau Investigation, CBI, has taken the custody of a Chairman of a Group of Companies based at Kolkata and other places in a chit fund case. He was produced before a Special Court in Bhubaneswar and remanded to police custody till 2nd of next month. The case was registered against the said group and others on the orders of Supreme Court in May 2014. It was alleged that the said group had collected more than ten thousand crore rupees from the public. A CBI release said that the investigation so far revealed that the Chairman was allegedly involved in cheating of the public and he had siphoned off huge funds of the company.