Rs 3.5 crore blackmoney of buinessmen seized

New Delhi: A man was arrested on charge of cheating a Gurgaon businessman of Rs 2 crore in demonetised currency on the pretext of depositing them in a bank account, Delhi Police said on Wednesday

Police said accused Pushpender Khatri, 50, of Trinagar was arrested following a tip-off near Pearl Height Tower in Netaji Subhash Place. His co-accused are still at large, police said.

Police seized Rs 3,51,70,000 in demonetised Rs 500 and Rs 1,000 from his possession which he conned from three businessman.

Complainant Kapil Mehta met Khatri through his associates Krishan Prakash, Neeraj Garg, Manzar Alam, Hemant Mishra and Subhash Singha on November 11and was told that they had good contacts in banks and could easily deposit his demonetised currency in the Punjab National Bank in Delhi, police said.

"Mehta gave Rs 2 crore to Khatri but later found his phone switched off. He filed a police complaint," Deputy Commissioner of Police Milind Mahadeo Dumbere told IANS.

Khatri kept the cash taken from three businessmen in various locations in Gurgaon, Dwarka and Lodhi Colony. "We are interrogating him to ascertain his crimes," Dumbere said. (IANS)