Paytm CEO Vijay SSharmadetained in Febfor rammingDelhi DCP’s car; given bail

Paytm founder and CEO Vijay Shekhar Sharma was detained and given bail last month for allegedly slamming his car into the official vehicle of the Deputy Commissioner of Police (South), according to the Delhi Police. 

The incident occurred on February 22. According to police, Sharma was detained the same day and released on bail by the case’s investigating officer.

According to a Paytm spokeswoman, the severity of the arrest has been “exaggerated.”

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According to the FIR, the complainant, constable Deepak Kumar, who was driving DCP Benita Mary Jaiker’s car at the time, alleged that the incident occurred while he and constable Pradeep were on their way from Hauz Khas to a gas pump in Malviya Nagar.

The FIR added that as they arrived at gate number 3 of Mother International School on Aurobindo Road, constable Kumar slowed down the car because people had gathered there to hand off their children.

     Meanwhile, a blue luxury car with a Haryana registration number collided with the complainant’s vehicle from behind. According to Delhi Police Public Relations Officer (PRO) Suman Nalwa, the driver of the offending car fled the scene with the vehicle.

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According to police, a case under section 279 (rash driving) of the Indian Penal Code was registered on the same day based on Kumar’s complaint.

The offending vehicle was identified throughout the investigation, and its driver, Sharma, was arrested and released on bail. Both vehicles were seized and mechanically inspected, according to Nalwa.

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     In a statement, the Paytm spokesperson said, “A complaint was filed in connection with an alleged minor motor vehicle incident. There was no harm caused to any person or property in the said incident”.

     “Media reports claiming the nature of the arrest are exaggerated, as even the complaint against the vehicle was for a minor offense under a bailable provision of law and requisite legal formalities were completed on the same day,” the spokesperson added.