India, March 5 -- A special Prevention of Money Laundering Act (PMLA) court on Monday has denied anticipatory bail to Archana Kute, wife of alleged mastermind Suresh Kute, in the Rs.2,467.89 crore Dnyanradha Multi-State Co-operative Credit Society fraud case, observing that her custodial interrogation was essential given the scale and complexity of the case.

The Enforcement Directorate (ED) registered an Enforcement Case Information Report (ECIR) on August 8, 2024, based on 38 FIRs lodged across Maharashtra against office-bearers of the credit society. The agency alleges large-scale diversion and laundering of funds linked to companies under the Kute Group.

Archana Kute, 45, who is already in Beed jail in connection with the predicate o...