Thane: Twenty-three cars worth 72.90 lakh recovered from a man accused of deceiving a rental company vehicle, Navi Mumbai police said on Monday.
Police Commissioner Bipin Kumar Singh said Kharghar Resident Sandeep Raghu Shetty was arrested from Mumbai Airport by a team from the Vashi Police Station as he will escape to Dubai.
“He started a self-drive car firm and took a rental vehicle, but stopped making a payment after a few months.
He took 25 cars from a company based in Chennai and cheatedly pawning them for around Rs 2 lakh each with people.
Case Asked against shetty based on complaints of this company, “Singh told reporters.
“We restored 23 cars pawned from Bhiwandi, Taloja, Padgha, Badlapur, Jalgaon, and Hyderabad in Telangana.
He has transferred 25 more cars using the same modus operandi and this was examined,” Commissioner said.