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Two persons have been arrested for allegedly presenting a forged cheque at the branch of a nationalised bank here on October 17.
The Senior Manager of the bank had filed a complaint to the police yesterday stating that the two- identified as Kamalavasan and Krishnan- had approached the bank and handed a cheque for Rs 3.93 crore.
The cheque was presented to be credited to the account of Kamalavasan the founder of a NGO. When the local bank contacted the bank's branch at Kolkatta it was alleged that the cheque was a fake one, a police release said.
Cases under IPC sections 468 (forgery for purpose of cheating) and 471 (using as genuine a forged document)against them.
Police are on the look out for one more person alleged involved in the case.