The Central Crime Branch (CCB) of the city police on Thursday arrested a 40-year-old man on charges of cheating.
CCB sources said Pazhanivel of Velayudam Colony, Saligraman, had used forged documents to sell a flat in Virugambakkam toSivaranjan of R.A. Puram for Rs. 33.40 lakh.
The suspect had already sold the land to another person. Pazhanivel had also fraudulently obtained a bank loan of Rs. 18 lakh using the documents.
Following a complaint lodged by Sivaranjan, a CCB team investigated the matter and arrested Pazhanivel.
He was remanded to custody and sent to Puzhal prison, sources added.