Two persons were arrested for allegedly duping a man of over Rs4 lakh on the pretext of providing loan, police said on Monday.
The victim, Dhanraj Arudhia, had filed a complaint against Manoj Kumar Verma and Dharmender Kumar Chauhan on August 20 in Nagpur accusing them of duping him to the tune of Rs4.67 lakh, a police official said.
The accused had cheated Arudhia by posing as employees of a finance company and luring him with a loan of Rs50 lakh, said Ravindra Yadav,
Joint Commissioner of Police (Crime Branch).
The duo was caught with incriminating material including ATM cards, SIM cards and mobile phones which were used in cheating people on the pretext of easy loans, he said.