The CBI had booked five persons, including Gupta. Pawan Kumar and Brijinder Kumar expired during the trial of this case, while Raj Pal Gupta and Hardayal Gupta were acquitted. The accused were booked on charges of cheating, forgery and prevention of the Corruption Act.

According to the prosecution agency, Gupta was posted in the Sector 17 branch of the Union Bank of India as an accountant in 1987. The CBI has alleged Gupta cheated the bank in conspiracy with the other accused in the case. He prepared false and forged credit and debit vouchers to cheat the bank of about Rs 9 lakh.

According to the allegations, the accused opened three accounts in the name of the co-accused, who were his relatives, in the Syndicate Bank, PNB and Central Bank of India. Subsequently, he transferred a demand draft of Rs 8.58 lakh to the accounts and credited the amount in his name.