“ED has arrested Jitesh Gupta, Insolvency Professional, who acted as Interim Resolution Professional/Resolution Professional (IRP/RP) in the Corporate Insolvency Resolution Process (CIRP) of M/s Homestead Infrastructure Development Pvt. Ltd. and M/s Golden Peacock Residence Pvt. Ltd., under PMLA, 2002, on 12.08.2026, in connection with the money laundering investigation arising out of the Best Foods case. He was produced before the Hon’ble Special Court, PMLA, which has remanded him to ED custody for further investigation,” the federal probe agency said in a statement shared on X.