Dehradun police have arrested a person on the charge of receiving loan of around `2 cr with forged documents from a bank. The accused has been identified as Ajay Arora alias Ajay Saini, native of Agra (Uttar Pradesh). The accused was arrested from railway station.
Investigation revealed that he had procured loans against purchase of 19 cars from various branches of Nainital Bank after submitting forged documents.
Several cases were registered against him in Vasant Vihar and Kotwali police stations, police informed. He had been absconding to evade arrest. SSP had earlier announced reward of Rs 1000 on him. He was booked under Gangster Act, said Kotwali police inspector SS Bisht.