Ashish Deshmukh and his friend Vijaysinh Deshmukh who have absconding since then. The investors allege that they received a double blow ``as the police have been excruciatingly slow in their investigation.''

Ths investors had purchased Samarth Milk Bonds which they were assured of Rs 450 return per month on Rs 15,000. The Samarth Agro had proposed a well-equipped dairy farms with some 2,000 buffaloes on a 15-acre land at Akkalkot, some 15 km from here. But the project never become a reality.

Meanwhile, the aggrieved investors have formed an action committee ``to get back their hard-earned monies back.

Noted social activist Chandubhai Dediya and 38 investors attended the meeting. The meeting also discussed issue like to run the project or to have the valuation of property to givpe the claimant.

Though, only 38 investors have come ;forward complaining about the investment, it is said that there are more than 900 investors who have not uttered a single word as it is black money and not on income tax record.

Talking to `The Indian Express' here on Friday, Dadiya said that the Samarth Agro has duped investors of Kolhapur, Pune and Latur and the amount goes upto Rs. 2 crore.

Dadiya said that the actual figure has not come yet as the main owners are still absconding. ``Most of the investors hail from middle class community'', he said and added that the show investigation frm the police has put the investors into deep trouble.

When contacted to the police official Vishnu Jagtap who is investing the case about the progress, he failed to give any information about the cuprits and said that their efforts are on.