COPS BUST GANG RUNNING SCAM, ARREST THREE FOR DUPING MAN OF ₹20 LAKH

NOIDA: Three suspects were arrested by Gautam Budh Nagar police on Thursday for allegedly duping a man of ₹20 lakh on the pretext of exchanging notes of larger denominations. The police recovered ₹25.50 lakh cash and a car from the three men, officials said on Friday.

With their arrest, the police claimed to have busted a gang of frauds who were running an ‘exchange scam’. The arrests were made on the basis of a complaint registered at the Bisrakh police station on April 1, where the complainant alleged that the accused duped him of ₹20 lakh.

“According to the complaint, the suspects asked the victim to hand them cash in higher denomination notes in exchange of which they would give him lower denomination notes along with a 10% commission. In the beginning, the suspects built the victim’s trust by giving back the amount as promised,” said Elamaran G, additional deputy commissioner of police (Central Noida).

The three suspects have been identified as Harshad, who hails from Gujarat, Pawan Kumar and Arvind Kumar — both natives of Firozabad. The three were presently residing in rented accommodations in high-rise societies in Greater Noida West. While Harshad and Pawan were living in Gaur City-2, Arvind was residing in Eco Village-1.

Arvind was known to the victim and acted as the middleman, police said. After the FIR was registered on April 1, Arvind was arrested the very next day from his residence at Eco Village-1. On the basis of his tip-offs, the other two were also traced and arrested on Thursday evening.

“On interrogation, it has been revealed that the gang has been operating in Delhi-ncr for the last one year. Harshad was in jail in Gujarat, while criminal antecedents of Pawan and Arvind are being verified,” said Elamaran G