Hyderabad: Mailardevpally police arrested a man in connection with a ₹10 lakh scrap fraud case involving the alleged sale of old aluminium scrap. Police also recovered ₹7 lakh in cash and seized mobile phones, SIM cards and a car during the investigation.
The arrested accused was identified as Syed Suhail, a resident of Bengaluru. Police said another accused, Abdul Waheed, remained absconding.
Scrap fraud case involved fake aluminium deal
According to the investigation, Abdul Waheed identified a scrap shop in Katedan and allegedly conspired with Syed Suhail to cheat prospective buyers. Police said the two accused falsely claimed they had a large consignment of old aluminium scrap for sale.
On May 19, businessman Mohammed Yaser Patel visited the scrap yard to complete the purchase. While workers loaded the scrap, Syed Suhail allegedly sought an advance payment of ₹10 lakh in cash, claiming he needed to deposit the money in a bank.
Police said the victim handed over the cash. However, the accused allegedly switched off his mobile phone and fled on a Honda Activa scooter.
Scrap fraud case under investigation
Investigators alleged that Syed Suhail later shared part of the money with Abdul Waheed before escaping to Bengaluru. Police said he spent part of the amount and concealed the remaining ₹7 lakh at his residence.
Following sustained efforts and specific intelligence, Mailardevpally police traced and arrested Syed Suhail. Officers recovered ₹7 lakh in cash, four Airtel SIM cards, two Jio SIM cards, a OnePlus mobile phone, a Redmi 5G mobile phone and a Hyundai i20 car.
Police said Syed Suhail also faces another cheating case registered at Chatrinaka Police Station. Efforts are continuing to arrest Abdul Waheed and recover the remaining proceeds of the alleged fraud.