Head constable arrested for helping steal seized property

Image
Press Trust of India Coimbatore
Last Updated : Oct 31 2015 | 8:13 PM IST
A police head constable attached to Economic Offence Wing was arrested and remanded to custody on charges of helping three persons to steal seized property of a Tirupur-based financial firm, which had allegedly cheated depositors crores of rupees, a few years ago.
The Economic Offence wing has seized property belonging to Welltex after complaints from the investors worth Rs 2.78 crore as per the directive of TANPID court and kept in a godown in Veerapandi near there, police said.
When the officials from Revenue department went recently to the godown to take steps to auction the articles, to their surprise found property worth about Rs 12 lakh and registered a case. Investigation led to the arrest of three persons, they said.
Further investigation revealed the hands of the head constable Senthilkumar in helping the accused to steal the property, they said.
Senthilkumar, at present working in Mettupalayam near here was on medical leave and could not be traced.
On information that he was moving around Dhali, near Tirupur police rushed there and arrested him late last night.
He was produced before the 2nd Judicial Magistrate (in-charge Chelladurai) in Tirupur and remanded and lodged in the Centrl Jail here, police said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Oct 31 2015 | 8:13 PM IST

Next Story