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“It took almost three months to unearth the modus operandi. He duped 31 people of Rs 2.5 crore,” Singh said, adding that the police recovered Rs 7.14 lakh in cash and seized a property.
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“We have submitted an application before a court for the liquidation of a three-storied building worth around Rs 1.85 crore in Assam. He developed the apartment with ill-gotten money and the property is registered in the name of one of his relatives,” Singh said.
The SIT also recovered two mobile phones, seven debit cards, a driving licence, a fake identity card of IOCL and other incriminating documents from the possession of the accused, the officer said.
The special police team has detained a few accomplices of the kingpin as they benefited from the scam, he added.