The MHB Colony police said they have busted a gang involved in defrauding people with counterfeit bank guarantee documents while also arresting its key member, adding that they are looking for other members of the gang who remain at large.

The arrested accused has been identified as Mukesh Trivedi, 44, a resident of Borivli East. Police have identified the other accused as Vikas Gajanand Sharma, Bablu Kumar Pathak, Gajanand Sharma, Rahul Kumar Chudasama, and Raghunathan Sundrarajan.