The
patriotic business tycoon has been in trouble since a long time, but his
troubles reached the peak when he was arrested and put in jail in March 2014.
Since March, Subroto Roy is desperately trying to raise funds, Rs 100 billion,
in order to obtain his bail. He has been trying to sell three of his luxury
hotels, but the deal is still hanging in the air. Besides, most of his projects
are in doldrums including the launch of his ambitious by-invitation luxury
stores in these iconic hotels. Most recently, Sahara had to sell its Gurgaon
land for Rs 1,211 crore in order to raise funds for Sahara chief Roy.
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