Hyderabad, July 19 (Maxim News): Two persons who cheated people by taking cars on rent and fraudulently sold or mortgaged them to automobile dealers were arrested by the Uppal police on Wednesday. Officials recovered 15 cars, altogether worth Rs. 2.50 crore from them.
The arrested persons are B. Rajesh (37), a data entry operator from Chikkadpally, and B. Narender (26) from Ghatkesar. They were involved in the cases at Uppal, Medipally, Khairatabad, and Chaitanyapuri.
According to the police, the suspects, who are close friends, had Rajesh posing as a bank employee and taking cars on the pretext of self-driving. “He offered them Rs. 60,000 as rent per month for each vehicle. The suspects after collecting the vehicles stop further communication with the owners, said a senior police official.
Further, Rajesh with the help of Narender mortgaged these vehicles with their known merchant by issuing promissory notes and blank cheques under security. “During this process, the suspects also damaged the GPS system in the vehicles, so as to prevent the owners of vehicles from tracking the location of vehicles, the official added.
The deo is learned to have cheated about 13 vehicle owners in a similar manner and mortgaged about 15 cars until now. (Maxim News)
Next Story :
Road Accident In Nalgonda, Three Dead, Three Another Seriously Injured
Hyderabad, june 19 (Maxim News) A horrific road accident took place in Nalgonda district. A father and son were killed and three others were seriously injured in a head-on collision between two cars. The tragic incident took place at Ramannagudem in Peddavura mandal at midnight. The locals who noticed the accident immediately informed the police.…
Modi Meets Global CEOs In Paris, Discusses Investment In India
Paris/internet/Hyderabad, june 19 (Maxim News) Prime Minister Narendra Modi on Thursday met leading business executives here and held discussions focusing on investment opportunities and expansion plans in India. Here To Join Us On WhatsApp The CEOs who met the prime minister represented a wide range of sectors, including sustainable construction, mobility and AI. Modi is…
Hotel Businessman Dies After Alleged Suicide Attempt Linked To Online Betting Losses
Hyderabad, june 19 (Maxim News): A 53-year-old hotel businessman from Aushapur in Ghatkesar succumbed while undergoing treatment after allegedly attempting suicide amid financial distress linked to online betting losses. Here To Join Us On WhatsApp The victim, identified as V Shekar, ran a hotel business along with his wife Sridevi. Family members reportedly told police…
India, France To Launch Trishna Satellite For Global Food Security
Paris/Internet/Hyderabad, june 19 (Maxim News) Prime Minister Narendra Modi on Thursday announced that India and France will jointly launch the TRISHNA satellite next year, a mission designed to contribute to global water and food security. Here To Join Us On WhatsApp Addressing members of the Indian diaspora in Paris during the final leg of his…
Hyderabad Police Books Man For Allowing Minor Son To Drive Luxury Car On ORR
Hyderabad, june 19 (Maxim News): The Hyderabad police booked a case against a man for allowing his minor son to drive a luxury car on the Outer Ring Road (ORR). Here To Join Us On WhatsApp The police initiated action after receiving complaints that the minor boy was driving an MG Cyberster on the ORR.…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page and Twitter and Instagram. For all the latest Hyderabad News updates
