India, June 17 -- A sessions court on Tuesday rejected the bail plea of an accused in the Rs.58 crore "digital arrest" fraud case, holding that his alleged role in siphoning off the proceeds of crime and his conduct after the offence came to light distinguished him from several co-accused who have secured bail in recent weeks.

Rejecting the application of Riyaz Raji Sayyad, Additional Sessions Judge Nitin V. Jiwane noted that the prosecution had attributed a specific role to him in the conspiracy and alleged that he absconded after the case was registered. The court observed that Sayyad was arrested only after a Look Out Circular (LOC) was issued and he returned to India from Cambodia.

The case relates to what investigators describe as ...