CHENNAI: A person was arrested close to Chennai on Thursday on fees of duping his enterprise accomplice of Rs 11 crore by forging paperwork.
The arrested man has been recognized as Murali, 52, of Periyakuppam close to Tiruvallur, who runs a tractor showroom. Murali met Sasikumar who runs a motorcycle showroom in Peravallur. They determined to open a automotive showroom in partnership.
They shared their land paperwork and raised Rs 10 crore. They added one other Rs 1 crore from their financial savings and floated the agency.
In the meantime, Sasikumar realised that Murali had used solid paperwork and cheated him of Rs 11 crore.
Primarily based on Sasikumar’s grievance, the central crime department sleuths registered a case and arrested Murali. Additional investigations have been on.