BENGALURU: Far from seeking custody of Mohammed Mansoor Khan, founder-owner of IMA Group, who is suspected to have fled to the UAE after the Ponzi scheme went bust, the special investigation team (SIT) is only trying to locate him. A blue corner notice is likely to be issued against Khan to obtain information on him and to pinpoint his location. Dismissing reports that a red corner notice will be issued against Khan, police sources say such a notice can only be issued against an accused against whom a chargesheet has been filed in a court of law and who has fled the country. “There are only FIRs against Khan and none of them has reached the chargesheet stage,” a senior police officer said. “So a red corner notice cannot be issued in his name.” While a red corner notice is issued to seek extradition and custody of an accused, a blue corner notice helps secure information — inlcuding personal information and location details — on a person of interest in a criminal investigation. Once issued, a blue corner notice could prompt police in the foreign country to monitor the movements of the suspect. Police have already issued a lookout circular for Khan and are in touch with the Union ministry of home affairs to initiate proceedings to secure his custody. Police believe Khan is holed up in Dubai and are communicating with the police there to get the kingpin detained or arrested. “We are also in constant touch with Interpol and have sought their help in tracing and nabbing Khan,” a senior officer said. “As of now, the question of issuing a red corner notice does not arise at all.”