Baba Ramdev: Prime Minister Modi will show Nirav Modi his correct place

Nagpur, Feb 19 Yoga master Baba Ramdev on Monday said that Prime Minister Narendra Modi will show jeweller Nirav Modi his correct place.

"Modi government will put Nirav Modi in his correct place. He will confront the outcomes for the wrongdoings he has committed," Ramdev said here.

Addressing to the media, the yoga guru said whether its Lalit Modi or Nirav Modi, whosoever is doing this disgraceful demonstration, he is offending the country.

"Whether it's Lalit Modi or Nirav Modi, whoever does this sort of dishonorable thing, that in itself is a disrespect to the nation. Individuals put an awful name to the nation by doing such sort of scams," Ramdev included.

The PNB has stopped two financial fraud complaints of Rs. 11400 crore and Rs 280 crore against Nirav Modi, his relatives and Mehul Choksi, owner of Gitanjali Gems.

The Central Bureau of Investigation (CBI) has recorded a formal case charging four-Nirav Modi, his significant other Ami, sibling Nishal and Mehul Choksi-on January 31 over Rs. 280 crore fraud.

The agency has filed the case under the Prevention of Money Laundering Act (PMLA) based on a FIR registered by the Central Bureau of Investigation (CBI).

The PNB detected the scam in which jeweller Nirav Modi gained false letters of undertaking from one of its branches for abroad credit from other Indian moneylenders.

The scam began in 2011 and was recognized in the third week of January this year, after which the PNB authorities recorded a protestation with the CBI on January 31.