Mumbai: Three arrested for looting employer's cash after promising to get it exchanged in bank
The three accused who fled with the cash claimed that they were going to exchange the amount with the help of bank officials who they knew personally and had demanded commission for the work.
In Short
- Five men promised a Bandra based builder that they would be able to convert his balck money to white.
- The builder gave 3 crore rupees of his black money to the men who then fled with the cash.
- 3 of those men have been found and arrested while the police is looking for the others.
The Santacruz Police have arrested three accused and two are still at large after they allegedly robbed over three crore of cash from the Bandra based builder on Wednesday in order to convert the builder's alleged black money into white money with the help of bank officials.
HOW IT UNFOLDED
The cops are also investigating the role of one of their own as a police inspector allegedly organised the whole plan. The cops however are shielding their own man.
According to Santacruz Police officials, the builder was in constant touch with these men who promised to change Rs 500 Rs 1000 currency notes in a well known bank on Santacruz road in Mumbai. The Builder agreed with the men on the terms ut insisted that he would send his own man aong with them. On Wednesday, the five people who made the promise stopped their SUV near the plush hotel at Santacruz (West) and asked builder's man to move forward. They told Builder's man to go ahead and that they would follow him with the bags so that no one suspects what's going on. The Builder's man went forward and waited for a long time but there was no sign of the men.
After sometime, he realized that something was wrong and went back to the same spot where he left the money. He found no one at the spot. He contacted his employer and narrated about the entire incident. An FIR was filed against five people under section of 420 (Cheating ) and 34 (Common Intention).
INVESTIGATION
Police sources said that the builder knew all three of them who were arrested and the others who are still at large. The accused who fled with the cash claimed that they were going to exchange the amount with the help of bank officials who they knew personally and builder was suppose to give them a commission for the work.
Police have still not recovered any cash from the accused and are searching others who were involved. The total amount involved was Rs 3 crore in Rs 500 and Rs 1000 currency notes and haven't been recovered as of yet.
According to Santacruz Police officials, the trio arrested have been identified as Raju Sawant (the prime accused and main conspirator), Mahesh Shetty and Maruti Goyil. Cops meanwhile are shielding their own man by not revealing his identity.
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