The Sakinaka police have arrested the director and booked the managing director of Shotformat Digital Production Pvt Ltd in connection with an insurance scam. According to sources, the case involves allegations of cheating and duping Proservz DigiTech Pvt Ltd by promising an insurance policy but not delivering, resulting in a loss of Rs 40 lakh for the company.

The complaint, filed by Ashok Yadav, director of Proservz DigiTech Pvt Ltd, led to the registration of an FIR at Sakinaka police station on September 4. Last week, the police arrested Samarth Sen Gupta, director of Shotformat Digital Production Pvt Ltd, after serving a notice to Niyateey Shah, another director of the company.