Coimbatore man arrested for cheating Hyderabad firm of Rs 4 crore

Hyderabad Desk

Hyderabad: A man from Coimbatore who was absconding after cheating a firm of Rs.4 crore was arrested with the assistance of the local police in Chennai and the officials of Central crime station (CCS), Hyderabad.

On December 11 2019, Daniel Solomon a partner at Arpitha Diagnostics situated in Habsiguda, Secunderabad filed a complaint after his firm was cheated by the accused Raman Ramesh Babu.   

When Solomon’s fellow partner, Dr. Arpitha approached Astler Medics, whose business manager was Raman,  for a supply of MRI equipment worth Rs. 4.43 crore, he had agreed to supply the mentioned equipment.

The firm had paid the full amount through the Bank of Maharashtra, but the accused failed to supply the equipment and had been absconding since the FIR was filed against him.

Further enquiries revealed that he was also involved in a similar cheating case of Rs.10 lakhs from a Tamil Nadu resident Bala Murugan for the supply of an X-ray machine.

On credible information and inputs on his movements in Tamil Nadu, a special team was deputed to arrest him, by the time the team reached, the accused had moved to various places from Krishnagiri, to Tiruchy of Tamilnadu. 

Finally, the police tracked and arrested him on February 20, with the assistance of local police in Chennai and finally brought him to Hyderabad.

He was produced before the Court in Hyderabad and was sent to judicial custody.


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