Forex trader duped of Rs 50 Lakh on pretext of dollar exchange; two booked

Sensing a good profit margin, Vinod, along with his brother Surinder Kumar and son Kasis Singla, reached Zirakpur to meet Babbu at the scheduled time. Babbu arrived first near Big Bazaar, followed shortly by Sunny in a white Creta. During the discussion, Sunny allegedly gained their confidence, took the bag containing the cash without counting it, and placed it in the car’s boot, saying he would fetch the dollars from a nearby flat. He then drove the car towards Panchkula.

At Wadhawa Nagar, Baltana, Sunny stopped the car and told Vinod and his brother that he would return shortly with the dollars. After asking them to step out, he drove away. Babbu remained inside the car, and together they escaped with both the money and the vehicle. The victim later found both their mobile phones switched off, confirming that he had been cheated.

Vinod immediately lodged a complaint at the Baltana police post. Based on his statement, the police registered a case against Babbu and Sunny under Sections 316(2) and 318(4) of the BNS. Raids are underway to trace the accused, police officials said.