Dhankanal: Dhenkenal police took Seashore chief Prashant Dash into custody from his Bhubaneswar residence on Saturday morning, a day after he walked out of jail on bail in a few cases pertaining to the sham deposit company.

He was arrested in connection with another three money swindling cases lodged in Dhenkanal town police station. Dash was produced in a local court on Saturday and sent to jail. The police have sought seven days remand.

The police said there were three money swindling cases lodged in the town police station in 2013. In that connection, there was a non-bailable warrant against Dash issued by local court, for which he was arrested. The police also said the charge sheet in those three cases had filed, but the investigation remained open for collection of further evidences leading to arrest of Dash on Saturday.

The complainants were Sarasawati Panda, Diptesh Pattnaik and Bishnu Mahan Dash. All the complainants, hailing from Dhenkanal town, alleged that they had been swindled of about Rs 26 lakh by Dash and others.

"There were allegations against Dash that his company had cheated people lakhs of rupees. Though the charge sheet was filed in court in these cases, the investigations were on, so that we invoked the arrest warrant against Dash. As we learnt that he was released on bail, we sent a police team to his Lakshmisagar residence to execute the warrant." said Dhenkenal police superintendent Basant Kumar Panigrahi.

Before being taken into custody, Dash said: "I am committed to return all the money of the depositors, but this sort of arrest is delaying that work. If the arrest can solve this issue, I welcome it. I do have faith in the court."

On Friday night, a four-member police team, led by the inspector in charge of town police station A. Dalua, rushed to Bhubaneswar to execute the warrant. "He came along with us without any resistance," said Dalua.

Angul police superintendent Brajesh Rai said they would examine if such similar cases were pending in the district, to which Dash belongs to.

Dash was arrested by crime branch in 2013 on charges of swindling crores of rupees from depositors. Later, the cases were handed over to the CBI, which arrested many of Dash's associates and filed as many as eight cases. Dash has got bail in all the cases and was released from the Jharpada jail on Friday.