A Special Investigation Team (SIT) of the Bengaluru police and the Drugs Control Department, probing an interstate counterfeit-medicine racket, has arrested Veeresh Kumar Jain, owner of Krupa Healthcare near Minerva Circle.
Kumar was arrested after the investigation team conducted searches at the pharmacy and seized stocks of suspected fake cancer medicines, life-saving drugs and ICU injections.
Investigators suspect Kumar is part of the network which is believed to have supplied counterfeit medicines to more than 90 hospitals and clinics in Bengaluru and surrounding areas. The alleged racket operated through a network of over 15 medical representatives who distributed the medicines to hospitals across the city and beyond.
The police also discovered that low-cost medicines were allegedly rebranded and sold under different names while expired medicines were allegedly repackaged and sold under forged labels resembling established pharmaceutical brands, sometimes at discounts of up to 50%.
The Krupa Healthcare pharmacy near Minerva Circle is believed to have been used as a storage point for the fake medicines before being distributed to other medical shops, hospitals and clinics.
Samples seized from the pharmacy have been sent for laboratory testing, while investigators are examining batch numbers and supply records to identify hospitals and other establishments that may have received the suspected counterfeit drugs.
The SIT is also pursuing R Prashant, the suspected kingpin of the racket, who has been reported to be in Azerbaijan. Police said Kumar has been running the firm for five years and is believed to have links to Prashant.
The alleged racket came to light after police conducted raids in Bengaluru’s Bidadi and Dodderi areas on August 18, during which they seized suspected counterfeit medicines worth around Rs 5 crore.
The SIT and Drugs Control Department have since carried out coordinated searches at around 10 locations across six states as they trace the manufacturing and distribution network.