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Two persons have been arrested here for allegedly cheating a mobile phone company of Rs 3 crore, police said today.
According to a complaint filed by Ringing Bell company owner, Mohit Goyal, the accused had struck a deal with him for supplying economical mobile phone sets, they said.
"But the company owner sent back the products worth Rs 3 crore to the accused as they were faulty," Vinay Prakash Singh, incharge, Sector 49 police station said.
The accused --Vikas Sharma and Jeetu-- failed to replace the faulty sets, he said.
The police official said Goyal had to face his customers' ire as he could not provide them with the affordable mobile sets.
A case was filed against Goyal and he was later released on bail, Singh said.
Police said an FIR has been registered against Vikas Sharma and Jeetu, and a hunt is on for their third accomplice.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)