Ajay Khera had absconded abroad along with the family by fraudulently swindling 200 crores. The case was registered in the Economic Offences Wing in January, 2022, the Khera family has also been accused of being involved in fraud. There is an allegation of transfer of business funds to a private company deceivingly. The former promoter of the affected company was duped with an emotional card. Delhi Police has arrested Ajay Khera, accused of cheating of 200 crores. According to the allegations, Khera had fled abroad along with his family after the heist.

Former CWC Director Ajay Khera was arrested by Delhi Police on September 22, 2022, almost 8 months after the FIR was registered. Ajay Khera, along with wife Charu Khera had fled India by cheating a Delhi-based company of about Rs 200 crore. The affected company had registered a case against all the accused in the fraud with the Economic Offences Wing in January 2022. At the same time, the EOW office had already issued LOC against Ajay Khera. According to the allegation, Mr. Ajay Khera served the position of Chairman in the new company after his voluntary retirement from Central Warehousing Corporation (CWC). The former promoter of the affected company was the first prey of Ajay Khera, who got caught in his emotional trap. He made an emotional drama of serving Ghar Ki Kheer, vegetable of choice in front of him. His trust was won by family members. After this, Khera got his eldest son (Siddharth Khera) attached to the company by building a good relationship with the former promoter. And then in 2019 Khera joined a consulting company. It is to be noted that Khera had access to sensitive, confidential and important information of the affected company. In 2021, an investigation by the affected company found that Mr. Ajay Khera's conspiratorial mind planned major frauds by forming companies named Azure in India as well as in the United States. Ajay Khera made his wife Charu Khera, son (Siddharth Khera) and younger son (Dr. Aadhar Khera) the owners of a company named Azure.

It is known that Siddharth Khera's wife i.e. Ajay Khera's daughter-in-law (Shruti Arora) is the daughter of well-known doctor couple Dr. Narinder Pal and Dr. Mala Arora. Ajay Khera stole Rs 200 crore from the affected company using sensitive information. Siddharth Khera along with father Ajay Khera duped the affected company. Ajay Khera started stealing bills with the connivance of the employees. Khera then transferred the funds and business of the affected company to a company named Azure. According to the affected company, Ajay Khera was on the sidelines after causing a loss of around 200 crores to his group. The affected company also found in the investigation that Ajay Khera, along with Siddharth Khera and Aadhar Khera, misappropriated the company's funds for their own benefit. The affected company is demanding that Ajay Khera and his family members involved in the conspiracy be given harsh punishment.