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On Thursday both Pattnaik and Sethi were produced before the SDJM court and later forwarded to Balasore jail.
It has been alleged that the company had fraudulently collected more than Rs 15 crore through company’s Balasore branch, besides taking huge sums of money from investors in Bhubaneswar, Puri and Berhampur.
However preliminary investigation by police showed that Sethi's AT group has allegedly duped investors to the tune of Rs 130 crore.
On May 13, Sethi was arrested and sent to jail on charges of cheating investors in different parts of Odisha.