Cuttack, Sep 11: Cuttack police has arrested three persons for allegedly availing loans on fake documents from Corporation Bank, Cuttack on Saturday.
Lalbagh police arrested Satya Shankar Satpathy and another two in this connection.
Sources said, Satya Shankar had availed 68 lakh loan from the Corporation Bank ,Cuttack branch.However,he submitted forged land records of Satyabadi Baliarsing as collateral security.
A complaint was registered with Lalbagh police before August 6 in this connetion. Basing on which, the three accused have been arrested today.