Lucknow, July 21: The Enforcement Directorate (ED) has taken significant action in a case involving fake degrees and counterfeit academic documents, temporarily attaching assets worth ₹25.44 crores. This operation was executed under the Provisional Attachment Order issued on July 20, 2026, in accordance with the Prevention of Money Laundering Act, 2002.
The attached assets include a farmhouse, several flats, and vehicles, all registered in the names of the accused and their family members.
The ED initiated this investigation based on an FIR filed by the Uttar Pradesh Special Task Force (UP STF). The STF uncovered a large network operating under the name of Monad University in Hapur, which was involved in producing and selling fake degrees and academic documents.
The investigation revealed that this syndicate was engaged in creating and selling counterfeit mark sheets, degrees, provisional certificates, migration certificates, and other academic documents, along with providing false verification services.
On August 11, 2025, the UP STF filed a chargesheet against 11 accused under various sections of the Indian Penal Code, 2023.
The ED’s inquiry found that the chairman of Monad University, Vijender Singh Hooda, along with Sandeep Sahrawat and other accomplices, misused the university’s name, official resources, and systems.
Allegations state that fake mark sheets, degrees, character certificates, and student records were created and sold to students for monetary gain.
So far, records linked to over 1,800 students have been discovered, who allegedly received counterfeit mark sheets, degrees, and other academic documents.
According to the ED, the accused amassed approximately ₹37.66 crores in proceeds from crime by selling fake mark sheets and degrees. A significant portion of this amount was taken in cash and subsequently utilized.
A substantial part of the proceeds from crime was found in the bank accounts of the accused. The investigation revealed attempts to conceal and launder this money through multiple bank accounts and transactions.
During the investigation, the ED also conducted searches at several locations, recovering important documents, including applications related to the verification of fake mark sheets, degrees, and other documents.
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