City
Epaper

Loan repayment delayed, UP bizman tries to sell SUV of borrower

By IANS | Updated: January 12, 2023 09:10 IST

Lucknow, Jan 12 In a bizarre incident, a businessman borrowed an SUV of his ad film-maker friend and ...

Open in App

Lucknow, Jan 12 In a bizarre incident, a businessman borrowed an SUV of his ad film-maker friend and tried to sell it when the latter delayed repayment of a loan of Rs 6.5 lakh.

However, the businessman was caught when the regional transport office called the film-maker to verify the sale during paperwork.

As per reports, the victim, identified as Arun Singh of Gomti Nagar is a good friend of a real estate developer Achal Dwivedi.

Arun is in a film-making business and runs his office from his house in Gomti Nagar. His wife is the proprietor of the company.

Arun fell short of cash and he took a loan of Rs 6.5 lakh from Achal on December 6, 2022 to run his business smoothly.

"In due course of time, Arun paid back Rs 4 lakh of the loan and promised to pay up the remaining sum later. In the meanwhile, Achal played a trick by borrowing Arun's SUV saying he had some urgent work.

Achal did not return the SUV which made Arun apprehensive.

"Achal kept on delaying and took to browbeating when I insisted that he return the SUV. He used to barge into the company's office and bully us. He also sent intimidating messages on WhatsApp. I had come to know from my well-wishers and RTO officials that Achal was planning to sell my SUV. It will be a great loss to me. I am ready to pay the remaining sum," he said in the FIR.

Deputy Commissioner of Police (DCP), North Zone, Qasim Abidi said that there was a case of criminal breach of trust against Achal.

Police sources said that the two had been friends since the last 10 years. The owner of a second-hand car bazaar where Achal was planning to sell the car enquired about the registration details from the RTO and then informed Arun about the deal.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: RTOArun SinghKarnataka arun singh
Open in App

Related Stories

MumbaiMumbai Auto Rickshaw Protest: Unions Slam ₹800 Welfare Board Registration Fee at Andheri RTO

MumbaiMumbai: Maharashtra Government Orders Marathi Test, Licence Check for Auto, Taxi Drivers in Mira-Bhayandar

MaharashtraMaharashtra: RTO to Digitise Bus Operations, Track Routes, Drivers and Fitness

MumbaiFake RTO Challan APK File Scam: Cyber Cell Arrests Surat Businessman for Rs 21 Lakh Fraud

MumbaiMumbai: 65-Year-Old Duped of ₹7.6 Lakh Through Fake ‘RTO Challan’ App in Malad

National Realted Stories

NationalTripura bypolls: Voting underway amid tight security; nearly 53 pc turnout so far

NationalTelangana Health Minister leads human chain on Durgam Cheruvu Bridge for AIDS awareness

NationalAjit Pawar's son Parth Pawar takes oath as Rajya Sabha member

NationalChhattisgarh CM outlines Bastar 2.0 development plan after meeting PM Modi

NationalRailways to drive growth as India targets 3,000 million tonnes freight capacity by 2030