The Enforcement Directorate (ED) has launched search operations against a syndicate accused of forging documents and impersonating office-bearers to allegedly sell prime properties belonging to the Spiritual Regeneration Movement Foundation of India (SRMF), the agency said on Thursday (May 14, 2026).

The case involves land transactions allegedly worth hundreds of crores. The agency initiated the investigation on May 7 under the Prevention of Money Laundering Act and is now focusing on key conspirators.

“The ED’s preliminary investigations have identified G. Ram Chandra Mohan and Akash Malviya as the principal suspects and alleged masterminds behind the elaborate conspiracy. Despite being previously arrested in FIR No. 328/2011 in Chhattisgarh, he (Mr. Mohan) continued his unlawful activities in active connivance with associates,” the agency said.

The ED conducted searches at the premises of Mr. Mohan and Mr. Malviya in Delhi’s Narayan Vihar, and at the premises of one Ram Shyam in Burari. Searches were also carried out at Singhvahini Infra Projects Private Limited in Sector 100 of Noida in Uttar Pradesh and at the residence of its associate, Pradeep Singh, in Sector 105, Noida.

SRMF, a society registered in 1963 under the Societies Registration Act and linked to the teachings of Maharishi Mahesh Yogi, owns substantial immovable properties across multiple States.

“However, a group of accused persons allegedly used forged authority letters, fabricated resolutions, and fake seals to illegally sell these lands,” the agency alleged.

In one case reported in December 2025, a 3.3610-hectare parcel of land in Gejha Tilpatabad village in Noida was allegedly sold fraudulently by Mr. Malviya using a fictitious entity with an identical name, “The Spiritual Regeneration Movement Foundation of India”, to Singhvahini Infra Projects Private Limited for a declared consideration of ₹16 crore, far below the circle rate of ₹33.61 crore, according to the ED.

At least seven FIRs have been registered in Noida in Uttar Pradesh, Dhar and Shajapur in Madhya Pradesh, and Bilaspur in Chhattisgarh.

In another case in Noida, the same land was allegedly sold again in January 2026 to Vaam Dev Private Limited. The agency alleged that the accused executed a ₹3.48-crore sale using a fake board resolution.

The ED further alleged that 39.96 hectares of land were “illegally” sold in Shajapur, while in Bilaspur, 75 acres were sold through eight “fake” sale deeds in alleged conspiracy with revenue officials.