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We all are well aware of the fact that IIT coaching sector is very profitable business. But what we don't know is that there is a subsidiary industry existing which deals with the buying and selling of top rankers at the joint entrance exam (JEE).

As per an investigation conducted by The Times Of India, a broker by the name of Vishnu Agarwal from Kota- the hub of IIT coaching in India, was caught 'selling' top rankers from one class to another for a hefty fee.

This scam came into light when Agarwal contacted IITians Pace, a popular coaching class in Mumbai, and offered to ''sell'' it some top-rankers from the biggest names in Kota's coaching industry. When the coaching centre contacted media, the whole exposé was made.

Agarwal 's modus operandi was simple. The first step involves him selecting the brightest students from the best-known IIT coaching classes who are most likely to clear the JEE. He then approaches other coaching centres in big cities like Delhi, Mumbai and Hyderabad and offers them the opportunity to administer their test series to these toppers. Once the JEE results are declared, these coaching centres (who have paid Agarwal) can include those who appeared for their test series as part of the total number of students from their institute who made it to the IITs. The test series is free of cost for students, who are sometimes even paid to write these tests. The coaching class pays Agarwal for the service. Then these coaching centres advertise in the media about how so many students from their institute have made it to IITs.

Other revelations made by Agarwal is that there are more than 1,000 coaching centres in India that use academic plan of well-known coaching classes such as Bansal in Kota, much of which is provided by him.

The expose was made when a TOI reporter with the aid of IITians Pace made a call to Agarwal, where he discussed his business model and how he would produce top rankers for Pace's test series. The tele-conversation was recorded. Agarwal said he could provide 30-40 candidates from three coaching classes in Kota (Bansal, Resonance and Vibrant) who would definitely score an All-India rank below 100 at JEE. Each of the student would cost about Rs 10,000. He said he could also provide a few more kids who would probably make it to the IITs, but with a rank above 100. These, he said, would cost only Rs 5,000 per head. After the results, IITians Pace could use these students to advertise their own nam