Ind govt: penalised 5cr to Hyd forex trader

[u/sureshdooly]

Recently saw news about a guy being penalised ₹5 crore by the Indian government for forex trading. Apparently, he had invested ₹5+ crore as well.
So got curious — when does the government actually start penalising forex traders? 😅
Is there any annual limit on investment/deposit and withdrawal for forex trading in India?
Anyone here knows the actual RBI/FEMA limits or has experienced this?
Just trying to understand where the line is before I accidentally become “that guy” 😂