CHENNAI: A financier was arrested for cheating a trader of pulses worth Rs 35 lakh after promising to secure him a loan of Rs 200 crore, in Thiruvanmiyur on Friday. KK Muhammed (44) of Jeevagan Street in Kalakshetra Colony, Besant Nagar, was a trader of pulses and had sustained losses in his business, the police said. Hence, he approached a financier, MSVN Meyyappan, and sought Rs 200 crore for expanding his business.Demanding Rs 3 crore as pre-payment, Meyyappan listed out the expenditure in securing the loan: Rs 26 lakh for stamp papers, registration Rs 2 lakh, processing charge Rs 1.5 lakh, interest and other expenditure Rs 2.34 lakh, preparation of documents Rs 50,000 and Rs 11 lakh towards insurance premium - a total of Rs 2,69,34,000.Muhammed paid Rs 35 lakh as the first instalment to Meyyappan and his sons. But even after a month, when he did not receive the promised loan amount, he filed a plaint at the Thiruvanmiyur police station. Inquiry revealed that he had cheated several persons in Sivaganga district in a similar manner and there were complaints against him at the Devakottai. It also came to light that he had defrauded several persons under the name of Vendan alias Thennaga Vendhan. He was remanded to judicial custody.Man immolates selfA physically challenged auto driver set himself afire on Thursday allegedly because he was summoned for inquiry in connection with a case involving his brother at Peerkankaranai. He succumbed to his burns later.On Thursday, a cop from the local police station visited K Chandru’s (34) house on Gandhi Road, Nedunkundram and told him that the inspector wanted to see him regarding a case involving his brother Surya, who was in jail. Chandru protested. His mother Dhanalakshmi, who also protested, was reportedly assaulted by the cop and the auto driver threatened to immolate himself. He poured kerosene on his body and set himself afire. He was admitted to Kilpauk medical college hospital, where he died. In another incident, Kannan alias Mayakannan (28), who had several cases against him, tried to immolate himself before the Pulianthope police station, when he was arrested.
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