While Vijay Mallya continues to remain elusive to the Indian authorities, there are many businessmen who have found themselves on the wrong side of the law in the past.
From stock market rigging to money laundering, these former honchos were involved in acts that eventually led them behind bars.
Here's a list of offenders from the business circle over the past couple of decades:
Subrata RoyIn 2012, Supreme Court had directed Sahara group companies to refund close to Rs 17,400 crore that was collected from about three crore investors subscribing to optionally fully convertible debentures (OFCDs) along with 15 per cent interest.
In March 2014, Sahara chief Subrata Roy was arrested for not complying with Supreme Court orders to refund investors money.
Jignesh ShahJignesh Shah started National Spot Exchange Limited (NSEL), a company that provided an electronic platform to farmers and traders for spot trading in farm products and bullion, among others.Commodities that were traded on NSEL were not found in the warehouses.
In 2013, the exchange defaulted payments to about 13,000 investors who lost money in the Rs 5,600-crore NSEL scam.
On July 13, 2016, Jignesh Shah was arrested by the Enforcement Directorate (ED).
Harshad MehtaIn 1992, Harshad Mehta came to the limelight for rigging the stock market and causing a Rs 5,000 crore financial scandal in the BSE securities scam.
After the scam was exposed, the markets crashed by 72 per cent leading to one of the biggest falls and a bearish phase that lasted for two years.
He was tried for nine years and died behind bars in Thane 2001 as a broken man.
In April 2015, the man behind the Satyam scandal B Ramalinga Raju was sentenced to seven years rigorous imprisonment.
B Ramalinga Raju
He was fined Rs 5.5 crore after he was convicted by a special court in the Rs 7,800-crore accounting fraud that rendered a big blow to country's IT sector.
Between 1999 and 2001, Ketan Parekh made millions of dollars for himself and billions for his clients (owners of listed companies).
Parekh, 49, is banned from trading till 2017, according to market regulator SEBI for having rigged the market by wrongful means.
He was trained by the late Harshad Mehta and his brother Ashwini Mehta.CR Bhansali
In 1997, CBI had registered a case against Bhansali for cheating State Bank of India (SBI) to the tune of Rs 57 crore.
Chain Roop Bhansali, chairman of CRB Caps, allegedly siphoned out funds from the bank under the guise of encashment of interest warrants and refund warrants of principal amount.
The Rs 1,200-crore scam shook the non-banking financial services industry, Unit Trust of India and the government of Gujarat also lost money in the scam.