A property broker was arrested after he passed off bundles of receipts as wads of notes worth Rs 65 lakh to a seller, the police said on Sunday.
A senior police officer said property dealer Naresh Kaushik was a broker in a deal for the sale of two shops at Rs 1.23 crore, a part of which was to be given in cash.
Mr Kaushik showed the property owner Rs 65 lakh in cash at his house, but after registration of the sale deeds for shops in Ghaziabad, the accused allegedly handed over to him bundles of bogus receipts wrapped in a red cloth.
The seller lodged a complaint with the police, which raided Kaushik's residence and recovered cash worth Rs 64 lakh from him, the police said.
The police also arrested Kaushik on charges of cheating and forgery, he added.
Boy Dies Of Infection In UP, Mother, Sister Keep Body For Days Claiming He's Asleep 2 Boys, Listening To Songs On Earphones On Railway Track, Run Over By Train In UP UP Train Services Resume At Gonda Accident Site "Call Security": Chief Justice Blasts Lawyer, He Quotes Bible In Reply Budget 2024 LIVE: Nirmala Sitharaman's Mega Jobs, Tax Announcements In Union Budget Budget 2024: Big Push For Jobs, New Tax Regime Benefits, Reward For Allies Trump Says Kamala Harris "Easier" Election Opponent Than Biden US President Biden Returns To White House After Testing COVID Negative "Every State Benefits...": Minister On "Discriminatory" Budget Charge Track Latest News Live on NDTV.com and get news updates from India and around the world.