Businessman and Bollywood actor Sachin Joshi on Sunday was taken into custody by the Enforcement Directorate (ED) in connection with an alleged money laundering case involving Mumbai-based Omkar Realty group. The arrest came after the investigative agency concluded its five-day search at office premises of JMJ group and Joshi's residence. The group has business interests in hospitality, construction, breweries and pan masala.
Earlier, the ED conducted raids on various premises of the Omkar Realty, one of Mumbai's leading builders. The group is alleged to have misused different permits issued under the Slum Rehabilitation Authority (SRA) schemes. Joshi has acted in a few Bollywood movies including Azaan, Mumbai Mirror and Sunny Leone-starrer Jackpot but is best known for purchasing Vijay Mallya’s Goa bungalow —Kingfisher Villa which went under the hammer for over Rs 73 crore in 2017. Married to model and actress Urvashi Sharma, Joshi has starred in many Telugu and Kannada films as well.