The Supreme Court on Friday demanded Sahara Group chief Subrata Roy to show the source of money as proof, after the group claimed that it has refunded Rs 18,000 crore to investors. The SC said, “It is hard to digest such a large amount was refunded in such a short span.” Sahara, in turn, has responded to the Supreme Court that it will show the money trail on September 16. The apex court has said that Securities and Exchange Board of India (SEBI) will investigate Sahara’s proposal to raise money. The Supreme Court had directed Sahara to return Rs 36,000 crore investors money it had collected in 2007-08 within 18 months. However, at the time, Sahara promoter Subrata Roy's lawyer Kapil Sibal had told the apex court that it was not possible for them to pay back the amount within the requested timeframe.

"There is no business house in the country or in the world, which can deposit Rs 36,000 crore in 18 months' time," he had said. Sahara meanwhile moved the SC seeking to raise Rs 300 Cr as an advance from Reuben brothers. Subrata Roy got arrested two years ago in February 2014 in a money fraud case, when it was found that his company Sahara had submitted to SEBI, dubious land documents which were found to be worth Rs 40,000 crores. Roy was charged in the case because of non-refund of around Rs 20,000 crores to investors.