Ex-SIMS head booked for ₹122cr fraud, sexual harassment
Swami Chaitanyananda Saraswati, who once led the Shri Sharada Institute of Indian Management, is facing serious allegations.
He's been booked for creating a fraudulent ₹122 crore trust, changing the college's name in official records without permission, and sexually harassing over 17 female students—some say he used threats and coerced students into deleting incriminating chats.
Police are investigating possible involvement of staff members
A massive FIR filed in July 2025 lays out about 17 years of alleged fraud and abuse by Saraswati—including cheating, forgery, and misuse of funds through fake leases.
The Sri Sringeri Sharada Peetham has cut all ties with him.
Police are still searching for Saraswati (he's on the run), have issued lookout notices, and are reviewing phone data while investigating possible staff involvement.