The Central Crime Branch (CCB) of the Coimbatore City Police on Tuesday arrested B. Arun Prakash (41), son-in-law of former MLA Kovai Thangam, on charges of cheating a man of ₹ 1.5 crore.
Police sources said that the accused, who was involved in real estate business, borrowed money from one Senguttuvan to invest in a tea estate at Valparai. When Mr. Senguttuvan demanded the money back, the accused allegedly issued cheques that bounced.
Following this, Mr. Senguttuvan lodged a complaint against Arun Prakash at the CCB and a case was registered under Section 420 (Cheating and dishonestly inducing delivery of property) of the Indian Penal Code.
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The CCB police remanded the accused in judicial custody on Tuesday.
In July this year, the All Women Police Station, Coimbatore East, had registered a case against Arun Prakash based on a cheating complaint lodged by Mr. Senguttuvan’s daughter, the sources said.