NEW DELHI: The Central Bureau of Investigation (CBI) on Monday booked the directors of Rotomac Pen company on charges of cheating and wilfully defaulting on loans of Rs 3,695 crore.Vikram Kothari, his wife Sadhana Kothari and son Rahul Kothari — all directors — have been booked by the CBI on charges of cheating a consortium of seven banks led by Bank of Baroda . There have been no arrests in the case yet, CBI spokesperson Abhishek Dayal told PTI. He added that a residential apartment and office premises of the accused in Delhi have been sealed.The criminal case has been registered by the agency on a complaint filed by Bank of Baroda. The bank had declared the company a wilful defaulter in February last. Rotomac had got an order in its favour but had failed to repay the loans.The government will soon start probe through various agencies including the Serious Fraud Investigation Office. The Enforcement Directorate (ED) has also registered a money laundering case against Kothari and his family members. “Certain transactions reek of siphoning off of funds. We are going to start a detailed inquiry into the matter,” a senior government official said.According to the Bank of Baroda complaint, out of the Rs 3,695-crore dues, the principal involved is Rs 2,919 crore. Apart from BoB, Kothari owes the debt to Allahabad Bank , Bank of India, Bank of Maharashtra, Indian Overseas Bank, Oriental Bank of Commerce and Union Bank of India.Bank of India has made a full Rs 1,360 crore provision for its exposure to Rotomac, CEO Dinabandhu Mohapatra said. “We have already provided for 100% of our Rotomac exposure,” he said.This is the second such big financial scam to have come to light in the last few days after diamond jeweller Nirav Modi was accused of fraudulent transactions worth nearly Rs 11,300 crore by the Punjab National Bank.