Asian Games Gold Medallist Sarita Gayakwad Allegedly Cheated Of ₹69.10 Lakh In Gujarat Sand Business Investment Fraud
Asian Games gold medallist Sarita Gayakwad was allegedly cheated of Rs 69.10 lakh by a Gujarat-based businessman who promised 4% monthly returns on sand business investments. An FIR has been registered against Nitin Bharti, who is currently absconding.
Explanation in simple terms
- What:
- An athlete was allegedly cheated out of money promised through a sand business investment scheme.
- Who:
- Sarita Gayakwad is the victim, and Nitin Bharti is the accused businessman.
- When:
- Reported on 3 Nov 2026.
- Where:
- Gujarat.
- Why:
- The accused allegedly promised monthly returns of 4 percent on investments, but instead took the money.
- What it means:
- An FIR, which is the official document starting a police investigation, is registered, and the accused is currently missing.





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