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fake paintings india investment banker farmer charge sheet 1234757550

Indian officials released a charge sheet in September accusing a poor farmer, Raghavendra Parmar, of posing as a maharaja to sell forged paintings by M. F. Husain, S. H. Raza, and other major Indian artists to investment banker Puneet Bhatia. The 11 fake works, allegedly worth about $2 million, were sold through Mumbai's Rare Art Gallery, run by Rajesh Rajpal, and involved lawyer Vishwang Desai as a middleman. The investigation, ongoing since 2023, also implicates former IAS officer Subroto Banerjee, who denies involvement.

fake paintings india investment banker farmer charge sheet 1234757550

Indian officials have released a charge sheet in an ongoing investigation into the sale of forged paintings attributed to major modern Indian artists M. F. Husain, S. H. Raza, Manjit Bawa, and F. N. Souza. The alleged scheme involved a poor farmer, Raghavendra Parmar, who posed as a maharaja to sell fake works, aided by lawyer Vishwang Desai, who presented himself as a collector to persuade investment banker Puneet Bhatia to purchase the pieces. The paintings, collectively valued at around ₹17.9 crore ($2 million), were allegedly funneled through Mumbai's Rare Art Gallery, run by Rajesh Rajpal, and the related firm Art India International. A former IAS officer, Subroto Banerjee, is also implicated but denies involvement.