The Jammu and Kashmir Crime Branch has recovered Rs 60 lakh from an inter-state gang in Rajasthan and arrested one of its members for duping a trader in the state of Rs 1.2 crore, officials said Tuesday.
According to a plaint filed with the crime branch here, the complainant Ravinder Kumar Gupta had been duped by one Gopal Lal and his son Gagan Lal, who posed as grain merchants and commission agents from Rajasthan in 2014.
The accused made the complainant pay around Rs 1.2 crore from his firm in installments for the purchase of paddy, but the same was never supplied to him, Gupta alleged.
After the complaint was filed, a preliminary verification was conducted and it was prima facie established that the accused persons had duped Gupta, following which a formal case was registered, officials said.
A team of Crime Branch Jammu rushed to Kota in Rajasthan and Gagan Khandwal was arrested and Rs 60 lakh was recovered from him, officials said.
The arrested is on police remand and investigation in the case is in progress.
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
