Mannu Nathhani— the notorious futures market trader who was on the run for about three years, fell in the police dragnet on the intervening night of Saturday and Sunday in the city.
He was wanted in serious criminal offences such as abduction and extortion, police said. Notably, Nathhani also allegedly used to trade in gold and was on the run since 2011. Nathhani a resident of posh residential colony Ashoka Ratan in Shankar Nagar has been accused of duping residents of the State to the tune of several crores of rupees.
According to police, Vipul Jain a resident of Raipur had registered complaint against Nathhani. In the complaint he had alleged that Nathhani had cheated him in the name of MCX trading and was demanding more money. When Jain refused to pay, Nathhani abducted him and took his signature on plain paper. later on using those papers Nathhani got prepared documents according to which Jain had sold his house to Nathhani.
The police while acting on the complaint investigated the matter in which it was known that Nathhani had duped several people to the tune running into several crores of rupees. A case against Nathhani has been registered with Civil lines and Kotwali police stations. Police had also declared a cash reward on arrest of Nathhani which was later withdrawn.