Two people were arrested and sent to 14-day judicial custody on charges of cheating about 70 lakh rupees in a loan company for the purchase of vehicles. Police is searching for 3 other accused. Economic Cell In-Charge Inspector Satyanarayana said that 40 thousand rupees have also been recovered from the arrested accused.
Inspector Satyanarayana said that in 2019, a complaint was given by the Cholamandal company that there are 20 employees in the Palwal branch of the company. 9 of these employees did not take the loan installment from the customer and deposit it in the company. The customer was issued a fake NOC on behalf of the company. In this way fraud of Rs 69 lakh 38 thousand 942 was done from the company. The charges of cheating include Sameer resident DG Khan School Palwal, Gelchand resident Alawalpur, Manpal resident Raipur, Satyapal resident Raharana and Mintu etc. While investigating the case, the Economic Cell of the police expressed suspicion on the five accused. When he was called for questioning, he escaped.
When the police raided, two accused approached the court for anticipatory bail. If there was no advance bail from there, then Gelchand and Satyapal surrendered in the court. During the two-day remand from the court, the police also recovered Rs 40,000 from the accused. Inspector Satyanarayana says that Mintu, Sameer and Mainpal are still absconding. The police is pushing them to arrest them.