bengaluru sleuths from the bengaluru ed arrested mumbaibased real estate developer mahesh b ojha in a cheating case involving over rs 500 croreojha who heads karan group builders and developers was held under pmla provisions a special court on tuesday remanded him in ed custody for 10 days the agency said in a press release ed said maharashtra police have filed multiple firs against ojha in cases of fraud and cheating done in the name of investment in realty projectspmla investigation revealed that the complainants invested around rs 526 crore in different real estate projects undertaken by various groups and individuals but the money was siphoned off later a bulk of this investment rs 1215 crore was made on a real estate project undertaken by karan group builders and ampdevelopers it said