Madikeri, Nov. 10: The police have arrested the accused in connection with the case of cheating by taking money on the pretext of giving zero interest loans from various institutions.
Venkatesh of Appu Kushani Finance Pvt. Ltd., a resident of Indumati, Mangaladevi Nagar, a resident of ITI College under Madikeri Nagar Police Station, and Revathi and Shubha, a resident of Mangaladevi Nagar, were deceived by Steel Authority of India Employees Co-operative Society Ltd., Kolkata, on the pretext of giving a loan of Rs. 10 lakh at zero interest rate, and obtained Aadhaar card, PAN card, voter ID, bank pass book, 3 photos and 6 blank cheques separately and disbursed Rs. 7952 in installments. 31,808 and processing fee of Rs. 3000, totaling Rs. 34808. Later, the women filed a complaint against Venkatesh at the Madikeri City Police Station for cheating them by not giving them and not returning the total amount of Rs. 34808.
After investigating the case, DySP Suraj P.A, Circle Inspector Raju P.K, City Station House Officer Annapurna S.S and Radha, crime scene personnel and technical personnel collected information and arrested the accused, Venkatesh, a resident of Gundurao Block in the city, and produced him in court.
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