Six people, including a special sub-inspector, were arrested on Tuesday for deceiving the owner of a financial company.
Police said Annachi aka Periyasamy from Ammapettai to Salem promised victim Mr. Palani (36) from Tiruvannamalai district to provide gold coins at a lower rate for his token schemes. gold. On Monday, Palani and his friend Bhaskar arrived in Omalur with cash and were waiting outside a hotel to collect Periyasamy’s coins.
Periyasamy (65), his son Jegan (33) and his brother-in-law Baranidharan arrived by car and gave the gold coins to Palani. While Palani was counting the coins, two people arrived on a motorbike and introduced themselves as police officers. They took ₹ 10 lakh from Palani and asked him to come to the police station for investigation.
Suspecting their activities, Palani and Bhaskar grabbed a man, identified as Udhayashankar (28).
They took him to Omalur Police Station. Investigations revealed that Periyasamy, Jegan, Baranidharan, Udhayashankar, Vijayakumar and an ISS Saravanan from Kondalampatti Police Station were a team involved in the Palani fraud.
One case has been registered and all six have been arrested.
Police also seized ₹ 5 lakh of counterfeit coins from the car in which the three accused had arrived.