NASHIK: Three people have been arrested by the unit 1 of Nashik police in connection to Rs 75 lakh cheating case that was registered with the Mhasrool police station of the city on June 21.
Those arrested have been identified as Madan Motiram Salunke (40), Sharad Vitthal Dhoble (42) and Manesh Sriram Patil (40) — all residents of Nashik city.
Police have also recovered the money from the trio.
The accused were produced before the court on Tuesday and have been remanded in five-day police custody till June 27.
The suspects had targeted Ishwar Gupta from Mhasrool and convinced him that they had 25-kg gold available for sale at Rs 30,000 per 10 gram when the market price for the yellow metal was over Rs 50,000.
Getting lured by the offer, Gupta brought Rs 75 lakh in a bag at his shop in Sharadchandra Market Yard.
This is where the suspects took the bag and decamped from the scene.
Soon after the complaint was lodged, police swung into action and began tracing the suspects.
On June 22, police got information that about Salunke’s location and acting on the tip-off he was arrested from Makhmalabad Road.
During interrogation he gave names of four other suspects who were involved in the crime.
Subsequently, Sharad Dhoble and Manesh Patil were also arrested from different parts of the city and the cash was also recovered.
DCP (Crime) Sanjay Barkund said the main accused in the case Santosh Dhoble and is still at large.
The suspects had purchased 20 gram pure gold and shown it to a person saying that the gold was available for Rs 30,000 per 10 gram.
And they got in touch with Gupta through the same person.
“Gupta got convinced and fell into the trap of the suspects,” Barkund said.