KOLKATA / AGARTALA, Sep 12 (TIWN): The CBI on Friday arrested two directors of the West Bengal-based Rose Valley Group for alleged complicity in the chit fund scam, an official said.The group's chairman Gautam Kundu is already behind bars arrested by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act for mobilising public money without proper sanction of the Securities and Exchange Board of India."The directors - Shibamoy Dutta and Ashok Kumar Saha - were arrested from the city. They allegedly had long association with the group and were active in conspiring with Gautam Kundu, in cheating and misappropriation of funds," said a Central Bureau of Investigation officer."Dutta from Kolkata, was allegedly instrumental in operations in West Bengal and Saha, a resident of Agartala, was the main person in Tripura. The arrested duo will be presented before a court on Saturday," added the officer.The Rose Valley Group is alleged to have collected more than Rs.10,000 crores through illegal collective investment schemes.

It is to be mentioned that on August 20 last a team of SIT (Special Investigation Team) head by Sameer Ray went  Kolkata to investigate about  Rose Valley, that  have duped thousands of investors of the state.For last fourteen days they were staying at Kolkata.

"Whom they have met, where have they gone, Which  officials of Rose Valley was questioned are is mysteriously kept secret by police headquarter".

The SIT team would have remained for some more days of the team leader did not become ill suddenly.

Whatever information collected from police sources it was informed that as per government norms rooms were booked for them at  Tripura Bhavan. Each team member was e allotted Rs 360 for food and lodging. Transportation fee to be paid through Tripura Bhavan.But  the team members stayed at hotels. Reports says Sameer Ray and another member SIT attended a tea party arranged by Bijoy Kilkdar, a senior official of Rose Valley.