CBI arrests Indian bank panel advocate in Kolhapur for accepting Rs 1.70 lakh bribe

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The central agency stated that the arrest was made on Tuesday. The advocate had initially sought a bribe of Rs 2.5 lakh, which was later negotiated down to Rs 1.80 lakh, in exchange for deferring the possession of a mortgaged property under the SARFAESI Act. The accused was caught red-handed during a trap laid by the CBI at his office.