Responding to a complaint lodged by Bajaj Allianz Insurance Company's Gudivada unit, the police swung into action and nabbed T Venkata Ramana and his friends G Naga Ganesh and K Jayababu.
Gudivada-II Town Circle Inspector K Venkateswara Rao told PTI that cases against the three accused were registered and they were produced before the Gudivada court.
The police has begun investigating into other frauds perpetrated by the trio.
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