Man was arrested on Wednesday for allegedly duping a businessman for 2 crores.
A man has been arrested on Wednesday in northwest Delhi's Keshav Puram area for allegedly duping a businessman of Rs 2 crore on the pretext of getting his demonetised currency notes deposited in a bank.
On November 22, Kapil Mehta, a real estate businessman, filed a police complaint alleging that he has been duped of Rs 2 crore by Pushpendra Khari (50) after promising that the amount will be deposited in the bank, Milind Mahadeo Dumbere, DCP (northwest) said.
Four persons, Krishan Prakash, Neeraj Garg, Manzar Alam, Hemant Mishra and Subhash Singha made Mehta meet Khari on November 18 for depositing the money, the officer said.
Mr Mehta gave Khari the cash and after some days when he kept demanding for the amount, the accused started avoiding him, Mr Dumbere said.
"Acting on a tip-off, police laid a trap and arrested Khari," Mr Dumbere said, adding during initial interrogation, the accused confessed to his crime.
"Over Rs 3.51 crore in demonetised currency notes have been recovered from the accused. Other people too have alleged that they have been cheated in a similar manner. Their complaints are being verified," he said.
Khari had been previously involved in more than 10 cases under Arms Act, vehicle thefts, cheating and attempt to murder, the police officer said.