ED initiated investigation on the basis of more than 15 FIRs registered/ Chargesheets filed by Haryana Police and UP Police
FinTech BizNews Service
Mumbai, 30 December 2025: Directorate of Enforcement (ED), Gurugram Zonal Office has conducted search operations on 26.12.2025 & 27.12.2025 at ten locations in Delhi, Gurugram and Rohtak related to an ongoing money laundering case against Inderjit Singh Yadav, his accomplices, Apollo Green Energy Ltd and other associated entities/persons under the provisions of Prevention of Money Laundering Act (PMLA), 2002, as per a press release issued by the ED.
The money laundering investigation has been initiated in connection with Inderjit Singh Yadav’s illegal extortion, coercive loan settlement of Private Financers, arms intimidation and earning commission from such illegal activities.
ED initiated investigation on the basis of more than 15 FIRs registered/ Chargesheets filed by Haryana Police and UP Police under various Sections of Arms Act, 1959, BNS, 2023 and IPC, 1860 against Inderjit Singh Yadav and his associates. In the said FIRs, it has been alleged that Inderjeet Singh Yadav, owner and key controller of M/s Gem Records Entertainment Pvt. Ltd. (operating as ‘Gems Tunes’), is a known strongman involved in criminal activities like murder, extortion, coercive settlements of loans given by private financers, fraud, cheating, illegal land grabbing, and violent offences. Inderjit Singh Yadav is wanted in various cases of Haryana Police and is currently absconding and operating from UAE.
ED investigation revealed that certain corporate houses like Apollo Green Energy Ltd and others allegedly borrow huge sums of money in cash from Dighal, Jhajjar based private financers and issue post-dated cheques as security. Investigation also revealed that Inderjeet Singh Yadav acted as a strongman and enforcer, facilitating coercive settlement of these high-value private loan transactions and financial disputes running into hundreds of crores of rupees. These settlements were allegedly executed through threats, intimidation and the use of armed associates/ local armed gangs with the involvement of organised crime syndicates operating from abroad. In this process of settlement, he allegedly earned hundreds of crores as commissions from these corporates.
The income so generated by Inderjit Singh Yadav from these fraudulent ways running into crores were allegedly used for acquisition of immovable properties, luxury cars and maintaining luxurious life while declaring minimum income tax returns. The search & seizure operation resulted in seizure of 05 luxury Cars, bank lockers, cash amounting to Rs 17 Lakhs, various incriminating documents, digital devices and digital data related to Inderjit Singh and his accomplices. The search also uncovered that a website/portal was developed & operated by Inderjit Singh Yadav for loan settlement between corporate houses and private financers. Further, during the search operation, it is revealed that various movable & immovable assets were acquired in the name of Inderjit Singh Yadav and his family members from the Proceeds of Crime. Further investigation is under progress.
