ACB had received a complaint of corruption against police constable Nitin Shrirang Gaikwad (40) after which it started an inquiry.
Gaikwad had been posted in the Protection and Security branch of police here from January 2008 to November 2014.
Probe revealed that Gaikwad's assets were 883 per cent more than his income from legitimate sources during this period.
Gaikwad was found to have purchased flats, jewellery, and held substantial amounts in mutliple bank accounts in his and his wife's name.
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