A Chinese national, who has emerged as the brain behind the loan app racket and is wanted by the Mumbai and Odisha police, was in Nepal on July 25. Liu Yi escaped from the country after the police busted an illegal call centre in Rupandehi district for extorting money from Indian borrowers. Sources in Nepal police said they are worried about the recent trend of illegal activities targeting Indians being run from their soil.

Nepal police officers confirmed the presence of Liu Yi in their country after mid-day shared his photograph with them. Yi faces multiple look out circulars issued by the Mumbai cyber cell and Bhubaneswar police and his role is being probed in a money laundering case by the Enforcement Directorate.