The Talaiya police arrested three youths for claiming insurance after selling a motorbike in Uttar Pradesh. The fraud surfaced during the police investigation.
According to the police, Shubam Awasthi of Ibrahimganj sold his Yamaha R 15 worth Rs1.25 lakh in Uttar Pradesh and claimed the insurance company to pay for the insurance amount of the motorbike, but before the offender could succeed in his evil deeds, the police found that Shubham was involved in fraud along with his two friends.
Police said that the accused Shubam Awasthi works at a shop and earns Rs5,000 per month and he got financed a Yamaha R 15 in the month of October 2014 and was paying a installment of Rs5000 per month, but when he failed to pay the installment, he planned to commit fraud with the help of two accomplices.
The other three accomplices were identified as Swami Singh Bais, Rishabh Ujjayani and Suyesh Saxena, who helped in disposing off the motorbike in Mahoba area of Uttar Pradesh.
The motorbike was sold for Rs65,000 to Amit Vishwakarma and took Rs60,000 at the same time and lodged a complaint with the Talaiya police stating that his bike has been stolen on January 5, 2015.
During the period, Amit continuously asked for the documents of the motorbike, but they resorted to various excuses and on April 2, after receiving closure report from the police, they initiated the process of insurance claim.
When Amit went to RTO to transfer motorbike in his name, the officials told that the bike is a stolen one; after which he contacted Talaiya police and informed that he had bought the bike.
Shubam was questioned and he confessed to the crime and later, Swami Singh Bais and Suyesh Saxena were nabbed, while Rishabh Ujjayani is still absconding.
The police have registered a case under section 420 of the IPC and have started further investigation.