What happened to Nishanti Manwatkar, the swindler from Nagpur?

Nishanti Manwatkar, a 30-year-old swindler from Nagpur, staged his own disappearance to avoid repaying creditors after defrauding dozens of investors in a fictitious tourism venture.

How much money did Manwatkar allegedly siphon off from investors?

Manwatkar allegedly siphoned off approximately ₹10 lakh from friends and relatives by promising high returns on a non-existent tourism project.

Where was Manwatkar hiding after faking his disappearance?

Manwatkar was hiding in plain sight within the city limits of Nagpur, but was eventually tracked down and arrested by the police's Missing Squad.

Home / Crime and Justice / Swindler Stages Disappearance to Evade Creditors, Arrested After Months

Swindler Stages Disappearance to Evade Creditors, Arrested After Months

28 Sep

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Summary

30-year-old swindler faked disappearance to avoid repaying investors
Allegedly siphoned off ₹10 lakh from friends and relatives
Squandered funds on online gambling, lost ₹25 lakh

Swindler Stages Disappearance to Evade Creditors, Arrested After Months

In September 2025, a 30-year-old swindler from Nagpur, Nishanti Manwatkar, was arrested by the Kapil Nagar police for staging his own disappearance to avoid repaying creditors. Manwatkar had allegedly lured dozens of investors with promises of high returns from a fictitious tourism venture, siphoning off approximately ₹10 lakh from friends and relatives.

Instead of using the funds for the promised business, Manwatkar squandered the money on online gambling, losing nearly ₹25 lakh in high-stakes games. As repayment deadlines loomed and irate victims bombarded him for refunds, Manwatkar planned a vanishing act, leaving behind a suicide note.

However, the police's Missing Squad tracked down Manwatkar, who was hiding in plain sight within the city limits. Under interrogation, his fabricated story crumbled, and he was found to be the prime accused in another investment scam case as well. Manwatkar has been remanded to custody for further questioning.

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