Hyderabad: 6-member habitual cheating gang arrested; recovers 50 cars
Hyderabad, Jun 14 : The Cyberabad police arrested a gang of Six habitual cheating offenders, all below 36 years, here Today for indulging in selling out the cars after taking on rental basis from various travel agencies, and recovered 50 cars from their possession.
Based on a specific complaint, the RC Puram Police has registered a case under section 420 and 406 r/w 34 IPC on April 21, 2021, wherein the accused Palle Naresh Kumar (A-1)approached the complainant and requested him to give his cars for monthly rent, Cyberabad police said in a release here.
The complainant believed his words and gave 11 cars to the accused Palle Naresh Kumar for rental purposes.
The accused paid rent for the first three months and later he sold out the cars to others.
The complainant asked about his car rents and cars but the accused ignored his words and did not pay rents and not returned the cars.
On the credible information, the RC Puram Police have arrested all the accused — Palle Naresh Kumar alias Naresh Yadav alias Naresh; Badavath Raju Naik, Kalamula Vikas, Golle Bharath Joshi @ Bharath, Banuri Election Reddy and Talla Narsimha Goud and are being sent to judicial remand.
According to Modus Operandi, the accused Naresh Kumar, who takes cars on rental basis by giving false promises to the car owners and Car Travel Agencies, used to give rent for 2-3 months.
Later, he used to sell or mortgage these cars to others.
The accused used to convince the public by saying that, Naresh Kumar getting these cars from the government agencies, bank-seized vehicles due to nonpayment of loans, and sometimes auctioned vehicles by banks.
Likewise, he made friends with five other accused and convinced them to earn easy money by selling cars. All agreed and accordingly started selling cars.
In order to sell the cars, they directly approached different car travel agencies located in Hyderabad and some individuals and took around 272 cars from them with an oral agreement to pay the rent monthly.
Out of 272 cars, 205 cars were forcefully taken back by the respective original owners of the cars while the remaining 67 Cars, 1 car recovered by Tappachabutra Police Station and 50 cars were recovered by RC Puram Police and 13 cars yet to be recovered, the release added.(UNI)