The Economic Offences Wing (EOW) of the UT police on Monday nabbed a SAS Nagar-based property dealer for defrauding a Sector 29 businessman of Rs 70 lakh on the pretext of selling him a house in Sector 20. The accused has been identified as Ravi Gulati, 36, a property dealer and a resident of Santa Majra village of SAS Nagar.
Inspector Charanjit Singh Virk of the EOW said the case against Gulati and seven other persons was registered in 2013, after it was found that they allegedly had forged an agreement of a Sector 20 house in name of one Gulzari Lal. Virk said that they had told the buyer, Rattan Lal, a businessman of Sector 29, that they would sell the house on the basis of the agreement and had received an earnest money of `70 lakh from him for the deal.
Virk said that during the preliminary inquiry made by the buyer, he came to know that Gulzari Lal was no more and there couldn't be an agreement on his behalf. Virk said during investigation it was learnt that the house belonged to an NRI and the accused had prepared forged documents to sell it off.
He said three people - Navdeep Singh, Parmpal Walia and Basant Kumar - had already been arrested in the case under Sections 419, 420, 467, 468, 471 and 120-B of the IPC and they were out on bail.
The police said Gulati was evading arrest since 2013 and the police got a tip that he was present near Kharar. An EOW team swooped on him and managed to nab him, he said.
The police would produce the accused in the court on Tuesday.