Dr Nambiar, director of Bengaluru‑based SRIT India Pvt Ltd, lodged an FIR on July 30 2026, accusing VPVV Techno Construction of fraud, forgery and breach of trust over a promised Indo‑US defence project. The complaint claims that VPVV, led by Venkata Venkat, had presented itself as the principal developer of the so‑called Indo‑US Pacific Peace Treaty, supposedly backed by the U.S. Department of Defence and the U.S. government.
The alleged project promised SRIT work orders worth roughly Rs 500 crore every year until 2050, with a 20 percent profit margin. VPVV claimed that its engagement would involve infrastructure, AI, cybersecurity and surveillance—apparently a high‑stakes international venture.
To build credibility, meetings were staged at VPVV’s office inside the Jaypee Vasant Continental Hotel. Attendees were told to leave mobile phones and recording devices at the door, under the pretext of discussing sensitive government data. Documents with U.S. and Indian seals were shown, but no copies were provided when requested.
In December 2023, VPVV organised a Bhoomi Poojan ceremony in Tuticorin, Tamil Nadu, where Dr Nambiar attended on the 14th. The event drew 200–300 prospective vendors, flew in by helicopter, and displayed both Indian and U.S. flags. Sharp & Turner LLP presented work orders, promising that the documents would later be sent to the U.S. Congress for approval. SRIT was asked to deposit Rs 1.75 crore as earnest money.
The promised work orders never arrived. When SRIT’s finance team visited the Delhi office in August 2024, they were told that the first installment of U.S. funding had been received and the project would commence within weeks—yet no activity followed. Subsequent inquiries revealed that the land used for the ceremony did not belong to VPVV and that no construction had taken place.
The Ministry of External Affairs responded to an RTI on May 18 2026, stating that it had received no proposal or communication from VPVV regarding the Indo‑US Pacific Peace Treaty. This response became a pivotal piece of evidence for SRIT. An FIR was registered under multiple sections of the Indian Penal Code, and the case is now under investigation by a SI in Delhi Police. A settlement of Rs 2 crore was reportedly reached, but the court hearing remains scheduled for September 2026.