Bhubaneswar, Nov 20: Badagada police has arrested one person for allegedly cheating Rs 16.9 lakh on pretext of high return.
The accused has been identified as Chittaranjan Samal, a resident of Tankapani Road. Police said that Samal was arrested on the basis of a complaint filed his neighbour Siba Kumar Mohapatra.
“Both the families share a good relationship. The accused was running grocery wholesale business. The accused induced the complainant to invest money in his business assuring him huge profit. The victim later paid Rs 16.9 lakh in phase wise manner,” said a police official.
But after few days the accused fled away from the locality without returning his money. In spite of several requests the accused played hide and seek to return the money.
Subsequently, the victim lodged a formal police complaint this month.