BJP president Amit Shah addressing a meeting debunks the conspiracy theorists about any possible connection between Nirav Modi and PM Modi.  "Nirav Modi's photo in Davos proves nothing. Even you people are sitting with me and if one of you commits a crime will you make me liable too? As far as Nirav Modi case is concerned Centre has taken it seriously and already seized more than 5000 crore assets."

The Congress released a picture of Nirav Modi with the business delegation accompanying the prime minister to Davos at the World Economic Forum meet last month.

Dubbing Nirav Modi "Chhota Modi two" and Lalit Modi "Chhota Modi one", Congress communications in-charge Randeep Surjewala asked if the billionaire jewellery designer had a tip-off that prompted him to leave the country.

"Billionaire Nirav Modi steals Rs 12,000 crore right under the nose of the Modi Government and flees the country. Ironically, Nirav Modi was later spotted with PM Modi in Davos," Surjewala said, adding, "Has it become the norm for letting people run away with public money? Who is responsible?"