Hyderabad police commissioner B Prasada Rao said on Wednesday no complaint has been received from market regulator Securities and Exchange Board of India or the Registrar of Companies to arrest Satyam [Get Quote] Computer chairman B Ramlinga Raju, who has disclosed a major fianancial fraud in the company.
"We have not received any complaint from any body and the question of his arrest does not arise," Rao told PTI.
On Wednesday, Raju quit as chairman of software services company, following the accounting fraud disclosure.
Earlier during the day, the Andhra Pradesh chief minister Y S Rajasekhara Reddy told reporters in Delhi that a CB-CID enquiry will be ordered into this 'mind-boggling' fraud, immediately.
According to official sources, the CB-CID would take up the investigation only when a Government Order is issued in this regard.
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