Tamil Actor Srinivasan Arrested In Alleged Fraud Case

New Delhi: Tamil actor and director Srinivasan, who allegedly made films from the money gained out of cheating people was arrested in Chennai, reported news agency PTI. "Srinivasan was arrested in Chennai and a transit demand was obtained from a local court to bring him back to Delhi," Additional Commissioner of Police (Economic Offences Wing) Arun Kampani told PTI. Srinivasan was allegedly arrested based on a complaint filed by a Delhi-based businessman in 2013. "In December 2010, Srinivasan took an upfront payment of Rs five crore for purchase of special adhesive stamp from the complainant promising him a loan of Rs 1,000 crore. However, the accused neither arranged the loan nor returned Rs 5 crore," PTI quoted a police officer as saying.

After the investigation, Srinivasan was arrested in June 2013. Times Of India reported that he had been lodged in Tihar jail for about two months before he came out on bail after giving an undertaking to settle the pending dues within a stipulated time. However, he failed to do so.

"The accused is involved in eight cases of cheating and criminal intimidation registered against him and being investigated in Delhi and Central Crime Branch in Chennai," told Mr Kampani to PTI. Srinivasan, who is an acupuncture doctor by profession, has acted in around 12 films and made a guest appearance in few.

He was allegedly arrested from his house in Chennai's Anna Nagar on Tuesday morning and he was produced before the chief metropolitan magistrate court to obtain a transit warrant, to take him to Delhi. TOI reported that Srinivasan is wanted by the Bengaluru police as he has allegedly cheated a businessman.

(With PTI inputs)