Story perspectives

Dino Morea Arrested in INR65.54 Crore Desilting Case

By Drooid · Oct 2, 2026, 4:13 PM UTC · How we work

Summary

Story summary

Bollywood actor Dino Morea was arrested by Mumbai Police’s Economic Offences Wing on October 2 2026.
The arrest relates to an alleged INR65.54 crore loss in the Brihanmumbai Municipal Corporation’s Mithi River desilting project.
Investigators say prime accused Ketan Kadam transferred INR18 lakh to UBO Ridez, a firm run by Morea’s brother Santino.
Police questioned Morea and his brother for eight hours at his Bandra home before taking him into custody.

History

Historical Context

The 1992 Harshad Mehta securities scam, uncovered in 1992, shocked India with a reported INR4,000 crore market manipulation. Regulator SEBI, then chaired by D. R. S. S. S., froze INR1,200 crore in suspect accounts and barred 20 brokers. Today's arrest of Bollywood actor Dino Morea by Mumbai Police’s Economic Offences Wing mirrors that earlier crackdown, linking celebrity influence, Ketan Kadam’s INR18 lakh transfer, and a INR65.54 crore municipal loss. The precedent underscores intensified anti-corruption drives, prompting stricter oversight of municipal contracts and heightened scrutiny of public-private financial entanglements.

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Story summary

Bollywood actor Dino Morea was arrested by Mumbai Police’s Economic Offences Wing on October 2 2026.
The arrest relates to an alleged INR65.54 crore loss in the Brihanmumbai Municipal Corporation’s Mithi River desilting project.
Investigators say prime accused Ketan Kadam transferred INR18 lakh to UBO Ridez, a firm run by Morea’s brother Santino.
Police questioned Morea and his brother for eight hours at his Bandra home before taking him into custody.

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