New Delhi: The CBI has taken over the probe into a Rs 48 crore scam in Haryana in which government funds meant for disbursal as land compensation to farmers were allegedly misappropriated by a former district revenue officer of Panchkula in connivance with bank officials.

The investigation agency has registered an FIR against the then District Revenue Officer, Panchkula, Naresh Kumar Sheokand and the then Senior Manager of Punjab National Bank's Jangpura Extention branch Bhim Singh for allegedly embezzling funds meant for land acquisition compensation from 2012 to 2015.