Bhubaneswar, Sep 2 - Naseer Khan, the producer of just released movie 'Shadow', may be arrested for using the chit fund money to make the movie, said a police official Wednesday.

The crime branch of the Orissa police had filed a case against Khan's company, Greater Entertainment, last month for diverting the money raised through chit fund and multi-level-marketing to produce 'Shadow'.

'We are probing the matter. We have filed cases against seven companies, including Naseer Khan's company, as some of the money ultimately finds its way to his company account,' said Crime Branch superitendent of police Santosh Bala.

Last month the crime branch had unearthed some chit fund companies and multi-level marketing companies in Balasore district Orissa for allegedly duping people of about Rs.