EOW Arrests BJD Leader for ₹12.42 Crore Real Estate Fraud in Odisha
The Economic Offences Wing (EOW) of Odisha Police has arrested Biju Janata Dal (BJD) leader Dillip Kumar Nayak for allegedly duping a Cuttack-based businessman of over ₹12.42 crore in real estate investments and land deals.
Real EstateFraudEowBjdOdishaReal EstateSep 20, 2025
Nayak, a resident of Jhanjiri Mangala under Badambadi police limits in Cuttack, had contested the 2024 Assembly elections from Nimapara as a BJD candidate. He faced off against the current Deputy Chief Minister, Pravati Parida. The complainant, Bijay Kumar Rout, hails from Ranihat Malisahi in Cuttack and initially lodged a complaint at the Badambadi Police Station. The case was later transferred to the EOW, and a formal complaint was registered on September 19.
According to the investigation, between 2015 and 2017, Nayak allegedly took ₹3 crore from Rout under the pretext of real estate investments. In 2018, he collected another ₹4 crore, promising a plot at Bajrakabati in Cuttack, but failed to deliver. He later convinced Rout to pay an additional ₹3.42 crore for a land at Patia, which also never materialized.
The EOW further revealed that Nayak took ₹3 crore, including ₹1 crore from Rout’s wife, to start a company. Except for returning ₹1 crore, he allegedly defaulted on the rest. In 2021, Nayak reportedly persuaded Rout to invest ₹3.5 crore for five acres of land at Trisulia. Instead of transferring ownership, Nayak registered himself as a joint owner and later clandestinely sold 2.5 acres without Rout’s knowledge.
During a raid on Nayak’s residence, the EOW seized incriminating documents, including sale deeds, powers of attorney, agreements, and multiple bank account details. Police stated that further investigation is underway to trace the money trail and identify possible accomplices.
This case highlights the ongoing efforts of the EOW to combat economic crimes and protect the interests of investors and citizens. The arrest of Dillip Kumar Nayak is a significant step in ensuring justice and maintaining the integrity of the real estate market in Odisha.
Frequently Asked Questions
Who is Dillip Kumar Nayak?
Dillip Kumar Nayak is a Biju Janata Dal (BJD) leader from Cuttack, Odisha. He contested the 2024 Assembly elections from Nimapara as a BJD candidate.
How much money was involved in the fraud?
The fraud involved over ₹12.42 crore, which Dillip Kumar Nayak allegedly took from a Cuttack-based businessman named Bijay Kumar Rout for various real estate investments and land deals.
What did the EOW seize during the raid?
During the raid on Dillip Kumar Nayak’s residence, the EOW seized incriminating documents, including sale deeds, powers of attorney, agreements, and multiple bank account details.
When was the formal complaint registered?
The formal complaint was registered on September 19 after the initial complaint was lodged at the Badambadi Police Station.
What is the next step in the investigation?
The next step in the investigation is to trace the money trail and identify any possible accomplices involved in the fraud.
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