CBI arrests 7 in IPO case; Roopalben elusive

 The case mainly involves Roopalben Panchal, her brother-in-law Deepakbhai and her sister Devangani and some unknown bank officials. Roopalben has been absconding since the raids took place in this connection.

The CBI was scrutinising the documents it had recovered during the raids yesterday, the sources said, adding that Sebi was likley to handover some similar cases to the CBI for investigations.