Former IPS officer Amar Singh Chahal allegedly shot himself on Monday after claiming he was duped of ₹8.10 crore by cyber fraudsters posing as wealth management advisors.
He was rushed to hospital in a critical condition, Patiala Senior Superintendent of Police Varun Sharma said. Chahal was one of the accused in the 2015 police firing cases linked to the anti-sacrilege protests in Faridkot.
Police said a purported note addressed to Punjab DGP Gaurav Yadav was recovered from the spot. In the note, Chahal alleged that fraudsters operated through WhatsApp and Telegram groups under the name “F-777 DBS Wealth Equity Research Group”, falsely claiming links with DBS Bank.
He said investors were lured with promises of high returns through stock trading and IPOs, shown fake profit dashboards, and later pressured to pay service fees and taxes to withdraw funds. Despite multiple bank transfers, withdrawals were never allowed.
Police are investigating both the firing incident and the alleged fraud, examining the note, financial records and digital evidence.
