The Central Bureau of Investigation (CBI) on thursday reportedly conducted searches in Mumbai in connection with the Anil Ambani-Reliance Telecom SBI fraud case, reported the IANS.

The CBI has registered a case against Reliance Telecom Ltd and its former directors, Satish Seth and Gautam B Doshi, in connection with an alleged bank fraud of Rs 114.98 crore involving the State Bank of India (SBI).