The businessman was earlier granted interim bail in the case, however, it was cancelled recently and he was sent to judicial custody.
They had alleged that they were induced by the firm to book a flat in August, 2011 in the residential project named 'Wild Flowers Country' in Gurgaon for a total consideration of Rs 57.34 lakh.
They had alleged that after passage of the given period, the builder had not delivered the possession, adding that the firm, in connivance with others, cheated the public at large.
Later, 90 more complaints were received against the firm for the same project which were clubbed with the present FIR.
The police claimed that around Rs 363 crore was collected by the firm, of which over Rs 35 crore was received from 91 complainants who are part of the present complaint.
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