lucknow the six real estate entrepreneurs who duped hundreds of investors are likely to be declared absconders next week cops have been unable to execute nonbailable warrants against the directors of persist real estate and will initiate proceedings under crpc section 82 relates to issuing of proclamation order the group of six directors had been on the run for the past six months since then more than 85 different firs have been lodged by investors the firm offered fixed monthly bonus to investors who bought a plot at deva road plotting scheme the matter was shelved in january and investigations took a backseat cops from vibhuti khand police station made no effort to nab the directors i had to borrow money on interest for my childs education said kailash pandey an investor from mirzapur who put rs 3 lakh in the plotting scheme at deva road the first case against the firm which operated out of a prominent commercial building in vibhuti khand was lodged on december 4 cops so far have been able to arrest only the managing director of the firm rajesh rathore the firm directors shut down the office after duping hundreds of investors to the tune of crores of rupees the alleged mastermind of the fraud mohammad nadeem and other directors himanshu parihar ritu parihar veer bahadur singh rama devi and mukesh kashyap remain at large