for cheating after they defrauded a nationalised bank of Rs 2.30 crore, police said today.
PI Sanjay Patil of Shil-Daighar police station in Thane told PTI that the alleged accused connived and took loan from the bank for purchasing a SUV but never bought it nor did they pay back the amount.
The transaction had taken place between November 2011 and October 2012 and based on a complaint by the banker, police carried out investigations and registered the offence yesterday.
Police said that all the accused were residents of Navi Mumbai in the district.
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