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Bantwal, Dec 2: Vittal police arrested a man on Thursday December 1, who was allegedly involved in cheating of people to the tune of Rs 3 crore.

Purandara Seraje (39) from Bobbekeri is the person arrested. He is the husband of Vittal town panchayat member.

As per details, Purandara has been running chit fund business for the past 5 years. He managed several funds with corpuses of Rs 5.25 lacs, Rs 3.50 lacs, Rs 2 lacs, Rs 1 lac and Rs 60,000. But when the investors were due to be paid, he did not pay them. One fine day, he ran away from the village and did not return.

Around 50 people had complained to Vittal police station after Purandara absconded. Accordingly police registered cheating cases. But they could not locate Purandara.

On Thursday, people came to know that Purandara had come back to the village and was trying to transport goods from his hotel secretly. Large number of people gathered upon knowing this and managed to catch Purandara. He was handed over to police later.

There was chaos for sometime at the police station as most of the complainants turned up there and demanded money from the culprit. Police pacified them with an explanation that they will act as per law.
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