False address sends cops on wild goose chase

On May 11,Rs 2.41 crore was siphoned off from the RPG Group account in 13 transactions of varying amounts and deposited into accounts across the country,police said. Three men,who withdrew money from their accounts a few days after the incident,were arrested by police in Hyderabad and Coimbatore. Police are on the lookout for the other accused.

The police are also attempting to trace the individuals into whose bank accounts the money was deposited. “We got addresses of people in Noida,Bihar and Meghalaya,which all turned out to be false. We have written to the banks that hold the accounts to provide us the KYC of the concerned account holders,” he said.

The three arrested have little knowledge of the operation and were instructed only to transfer the money into the accounts of the main accused.

“They do not know anything about the main accused and only delivered the money to him for a commission,” said inspector Jeevan Kharat.