We've long said, "Just get a printer and print your own diploma..." Well, these people pretty much did just that. CCB cracks down on distance education centre offering fake certificates - The Hindu
Here's another story, virtually identical, but involving different people. Fake Degree Racket Busted; Three Nabbed - The New Indian Express
The name mentioned in the article is only the tip of an iceberg. I know there are thousands all over India, and I am not surprised if there's more than one per street.
Do a quick search for "distance learning" on Free Classifieds India, Post & Search Ads Online| Quikr and see how many turn up. Most of them (if not all) are fakes.