In a joint effort by Cyber crime cell and Koh-e-Fiza police, wanted accused absconding for over a decade and having a reward of Rs 20,000 and involved in cheating 200 people worth Rs 20 crore by fraudulently selling land plots was nabbed on Tuesday.
The accused identified as Ramakant Vijayvargiya was living in Indore with a fake name Ramkumar Vyas from where he was arrested. At present, Ramakant has been booked for 22 cases of fraud and has been for a total of 29 cases.
In the year 2005, he sold around 200 plots in Panchwati phase 2 and 3 worth Rs 20 crore. These 200 plots were sold to 200 people and the total amount which the accused accumulated from the fraud was Rs 20 crore after the victims came to know about the fraud complaints were and case was registered against the accused but he managed to remain absconding.
Police have recovered fake identity cards which the accused has obtained in the fake name used during his stay in Indore.
The accused had formed District Infrastructure Private Limited which was used in the fraud as the victims were sold plots in the name of the company.
Acting on a tip-off, the accused was arrested in the night on Tuesday.
It was found that accused has been wanted in 29 arrest warrants which were pending in cases most of which were related to frauds committed by selling plots to the victims.
The accused used to stay in Vijay Nagar Indore while he also stayed at Ansal Apartment at Shymala Hills Bhopal.