Calcutta, March 17 :    Calcutta, March 17:  If you have noticed an ad in the papers promising enterprising students 'direct admission' into MCA, MBA, BBA and other courses and have decided to apply, think twice. You just might end up without a seat in any institute and a large hole in your pocket. That's what has happened to Shikha Majumder and several others who raced to respond to an ad put out by Calcutta-based Cyrus Marketing Pvt Ltd promising admission into reputed institutions in Bangalore, Pune and other cities. They are now racing to police, hoping they will get their lost lakhs back. The city and state police and the CID have zeroed in on the firm - earlier called Cirrus Marketing and Consultancy Pvt Ltd - which has allegedly cheated clients of several lakhs by failing to provide them admission. The company changed its name from Cirrus to Cyrus to avoid prosecution, a senior police official said. Company director Debajyoti Ghosh and his father, Dipen Ghosh - both first arrested in 2000 and subsequently freed on bail - are facing five cases for cheating people in Calcutta and New Delhi to the tune of several lakhs. Debajyoti was first arrested by Gariahat police on August 5, 2000, (case 201) in connection with a complaint lodged by A.K. Bannerjee alleging he had paid Cirrus Marketing Rs 19.5 lakh but was unable to recover it. The case is still going on though Debajyoti and his father were freed on bail. The father-son duo were arrested again by the detective department on September 18, 2000, in connection with a similar case lodged at Lake police station (case number 276 and 277/28/08/2000). Complainants Shikha Majumder and Basabi Banerjee alleged they had together paid the company Rs 2.64 lakh, hoping their children would get direct admission into reputed colleges in south India. 'How were we supposed to know that they would cheat us? They sounded very convincing,' Banerjee said in her statement. The police gathered enough evidence against the twosome and filed a chargesheet against principal accused Debajyoti. In both cases, Dipen - an employee of a reputed Central government company - applied for anticipatory bail, but his pleas were rejected. Even as the detective department felt they had unearthed most of the racket, Jadavpur police sought the remand of the duo for cheating Sarmistha Das of Rs 1 lakh (case 327) with the same promise. 'We made considerable headway in the case and have filed chargesheet against both Debajyoti Ghosh and his mother, Shibani Ghosh,' a senior official of Jadavpur police station said. This was not all. Some time later, officers of Chanakyapuri police station in Delhi landed up in Calcutta hot on the family's trail. They sought Debajyoti's remand in Delhi in connection with a cheating case lodged by Colonel D.S. Dhaiya, who allegedly paid him Rs 46,000 to get his child admitted to a reputed college. Speaking to The Telegraph, Shibani Ghosh, Debajyoti's mother, said: 'All the cases lodged against us are fictitious and is the handiwork of our enemies. If we had cheated people, we would have fled already. 'This is an absolutely false allegation. Our company is clean and even the CID official who came here yesterday for scrutiny of our papers seemed satisfied.' Debajyoti's mother continued: 'We have returned most of the money to the clients whom we failed to provide admission.' Speaking from his Bangalore office, Debajyoti said: 'Last year, when I wanted to turn my company to a private limited company from a partnership firm, I was told by registration of companies officials that Cirrus was already a registered company, so I opted for Cyrus marketing. 'We provide value-added service to the society and our records are there for everyone to see. Whatever, has been lodged against me are mere allegations, which has not been proved so far,' he said.