Nation Reporter | PNB fraud case: CBI seeks revocation of Nirav Modi's passport; raids on

After almost 24 hours, raids continued at Nirav Modi's boutique in Kala Ghoda in Mumbai on Friday. Billionaire jewellery designer Nirav Modi and his partner Mehul Choksi are the main accused in alleged fraudulent transactions of over Rs 11,400 crore through 150 letters of understanding issued by the Punjab National Bank. The CBI has sought revocation of their passports.