The Jaipur zonal office of the Enforcement Directorate (ED) has arrested an accused, Subhash Chandra Bijnoriya, in connection with a money laundering investigation related to the alleged fraud case against Nexa Evergreen, in which ₹2,676 crore were collected from a large number of investors. Mr. Bijnoriya, one of the principal architects and operators of Nexa Evergreen Group, has been accused of carrying out fraudulent operations along with another partner in the firm. The ED launched investigation in the case on the basis of multiple first information reports and chargesheets filed by Rajasthan Police against Nexa Evergreen Group. An ED spokesperson said here that the accused had lured investors by claiming that the funds would be invested in land development and plotting projects at Dholera Smart City in Gujarat. An amount of ₹15 crore lying in the bank accounts and crypto accounts linked with various Nexa Group entities and associates were also frozen, according to the ED.