Car Driver Arrested in Rs 10 Lakh Fraud Case

Police arrested a car driver on Saturday in connection with the `10 lakh fraud case filed by a businessman on Friday.

Published: 16th June 2014 07:34 AM  |   Last Updated: 16th June 2014 07:34 AM   |  A+A-

VILLUPURAM:  Police arrested a car driver on Saturday in connection with the `10 lakh fraud case filed by a businessman on Friday.

Velumani, a pawn shopowner, had made a complaint at the Arakandanallur police station stating that a six-member gang, which comprised police officials attached to the Thirukovilur station, had stolen `10 lakh that he borrowed from his father-in-law at T Devanur village near Thirukovilur on Friday morning.

By Friday the police found that no such incident had occurred.  They found that Velumani had lost the cash to an Andhra-based counterfeit currency gang and the incident had taken place in Kanai police station limit. The Kanai police questioned Velumani on Saturday, during which he said he faced loss in his business and was in urgent need of cash. He got connected with the five-member counterfeit note gang through his friend Mohan (34) of Arpichampalayam near Ulundurpet, a cab driver. 

Mohan told Velumani that the gang would give him fake notes of `50 lakh in exchange of `10 lakh genuine cash. Believing him, Velumani arranged the amount.On Thursday night they went to Arulavadi village to hand over the cash to gang.  Mohan contacted his friend Karthick of Chennai.

One of the gang members asked them to come near the  river bed. Feeling suspicious, Velumani left the cash with his father Arumugam, and he, along with Mohan went to river side. However, the four persons of the gang snatched the cash from Arumugam. They also took awayKarthick. Velumani and Mogan came to know about this. As there was nothing they could do but fabricate a story about the stolen cash and filed a complaint. The police arrested Mohan.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp