A Delhi-based business woman was arrested for duping a textile producer in the district of Rs 1.50 crore by not paying for the goods purchased, police said.
A search is on for her two brothers, who were also involved in the case.
According to police, Hanchu Chowdry (40) visited a textile factory in Chitode during May last and placed an order for 1,40,000 meters of unbleached gada cloth valued at Rs 1.50 crore.
The owner Mohanraj had delivered the goods and the woman assured to make the payment within a month.
However, as she failed to pay the amount after two months, Mohanraj visited the woman in New Delhi and demanded that the dues be settled.
The woman refused to pay the money and allegedly issued a life threat to Mohanraj, who returned to Chitode and lodged a complaint with the police.
A cheating case was registered against the woman and her two brothers.
Acting on a tip-off, police arrested the woman near Erode Municipal VOC Park produced her before a court which remanded to her to judicial custody.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
