Ajay Mohan of Kuravilangad was arrested by the Kalamassery police on charge of cheating Christ Medical Trust of Rs.10 lakh.
The arrest was made based on a complaint by the managing director of the trust. According to the police, Mohan told the trust officials that he would get them foreign funds towards setting up a medical college. The sum of Rs.10 lakh was allegedly paid as advance commission for his services.
Police said they were on the lookout for Sanal and Neelakandan, who were allegedly associates of Mohan in the crime.