Rajesh Bajaj Detained as CBI Raids Home, Office in Guwahati

The Central Bureau of Investigation (CBI) on Tuesday detained Guwahati-based businessman Rajesh Bajaj after conducting extensive raids at his residence and business premises in the city in connection with an alleged multi-crore loan default case involving Bank of Baroda.
The searches were carried out at multiple locations, including Bajaj’s home and his company office on Zoo Road, one of Guwahati’s prominent commercial areas.

The operation follows a case registered in 2025, in which Bank of Baroda accused Bajaj of defaulting on large loans taken in the name of his company.

What the case is about

The CBI action against Rajesh Bajaj is linked to allegations that his firm availed loans worth several crores of rupees from Bank of Baroda but failed to repay them. After the bank lodged a complaint, the CBI registered an FIR at its Kolkata office and launched searches in Guwahati, eventually detaining Bajaj for questioning.

Details of the Guwahati raids

According to sources familiar with the operation:

• A CBI team from Kolkata arrived in Guwahati early Tuesday
• Simultaneous raids were conducted at:
  • Bajaj’s residence
  • His company’s office on Zoo Road
• Bajaj was detained after hours of questioning
• His brother, Kishore Bajaj, was present during the office raid

Investigators reportedly seized a large number of documents believed to be related to financial transactions under scrutiny. A large red bag was also taken into possession, suspected to contain cash, though the agency has not officially confirmed this.

Company and loan details

The loans under investigation were allegedly taken in the name of North East Plantation and Commercial Private Limited, a firm associated with Rajesh Bajaj.

Sources said the allegations mirror earlier claims against Bajaj in the Apex Bank loan scam, which is already under investigation, adding to his legal troubles.

Why this matters for Guwahati

The case has drawn attention in Guwahati as:

• The raids took place in high-profile city locations, including Zoo Road
• It adds to a series of financial crime probes involving Guwahati-based businessmen
• It raises questions around banking oversight, loan monitoring and corporate governance in the region

Residents in the Zoo Road area reported heightened security presence and movement during the raids, briefly affecting normal activity.

What happens next

As of Tuesday evening, the CBI has not issued an official statement on:

• Whether Rajesh Bajaj has been formally arrested
• The exact value of the alleged loan default
• The contents of the seized materials

Further action, including possible arrests, charges or court proceedings, is expected after completion of preliminary questioning and document analysis.

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