The MP Nagar police on Thursday arrested a 27-year-old youth, who on the pretext of facilitating loan duped a cab driver of Rs12000; accused posed himself as SBI employee, a case of fraud was registered by MP Nagar police on Wednesday.
According to the police the victim Mujeeb Khan required a loan of Rs25000 and during his search for person who could facilitate loan he met the accused Ravikant Pratap Singh.
The accused and victim used to meet in MP Nagar area where the victim who is a cab driver used to park his vehicle and later when they became acquainted Singh told the victim that he could help in facilitating loan and would require documents. later when the victim collected the essential documents the accused started demanding money to facilitate loan.
The victim provided Rs12000 to the accused but later the accused never facilitated loan and returned the money taken in the name of facilitating loan.
After receiving the complaint the accused was nabbed by the police and has been sent under judicial custody.
Police said that the victim and his wife wanted to avail a loan of Rs25000 each and after they met the accused he demanded Rs6000 each from the husband –wife to facilitate the loan.
Singh is a resident of Shyam Nagar and is involved in frauds.