Noida, February 10, 2025: The Noida Police have frozen ₹11.11 crore from 12 bank accounts linked to FIITJEE Coaching Institute’s founder, Dinesh Goyal, as part of an ongoing financial investigation. Authorities discovered that Goyal’s PAN card was linked to 172 current accounts and 12 savings accounts across multiple states. So far, police have identified and frozen funds in 12 of these accounts.
The probe was launched after multiple FIITJEE centers in Noida, Ghaziabad, Greater Noida, and other cities abruptly shut down, prompting complaints from students and parents. Many reported financial losses and academic setbacks due to the unexpected closures. In response, an FIR has been registered at Knowledge Park Police Station under Sections 318(4) and 316(2) of the Bhartiya Nyay Sanhita (BNS). The case is being jointly handled by Noida Police and the cyber crime team, with Additional DCP Ashok Kumar confirming that further investigations are underway to determine the full extent of financial irregularities.
Parents and students affected by the closures have demanded strict legal action against FIITJEE’s management, citing financial fraud and academic disruption. As authorities scrutinize financial transactions and uncover more details, the case could have significant implications for one of India’s most prominent coaching institutes. Further updates are expected as the investigation progresses.
Noida Police Freeze ₹11.11 Crore from FIITJEE Founder’s Bank Accounts Amid Investigation
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