Two Arrested for Cheating Businessman of ₹4.50 Crore in Chennai

The Central Crime Branch (CCB) in Chennai has apprehended two individuals who duped a 57-year-old business owner of ₹4.50 crore. The victim, Harikumar, who owns PERS Enterprises in Vadapalani, had transferred the sum to Sridharan of M.S. Associates in Nungambakkam and his associate Kalaiyappan, alias Kumar Kalaiyappan of Kalaiyappa Pictures, in exchange for medical equipment.

However, the duo failed to fulfill their end of the deal and disappeared with the money. A case was registered in the Entrusted Document Fraud (EDF-I) of CCB, leading to the arrest of the accused. They were taken into custody from a hideout in Dindigul district and subsequently sent to prison after appearing before a judicial magistrate.