Man held in Jalandhar money changer murder case | punjab$most-popular | Hindustan Times
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Man held in Jalandhar money changer murder case

punjab Updated: Jul 04, 2016 13:29 IST
HT Correspondent
HT Correspondent
Hindustan Times
Jalandhar money changer

Police taking murder suspect Rajan Kochar to a court in Jalandhar on Sunday. (Pardeep Pandit/HT)

Exactly a month after a money changer, Anil Kumar Billa, was murdered , police on Saturday night arrested a local factory owner on the suspicion of his involvement in the crime. Billa was found shot dead on June 3 in a vehicle.

Accused Varinder Singh alias Rajan Kochar (33) of Parkash Nagar is into hand-tool manufacturing. He was produced before the duty magistrate on Sunday and sent to two-day police custody. Police also moved an application for Kochar’s narco-analysis and brain mapping test, which the court will take up on Tuesday. 

Circumstantial evidence

Claiming that the arrest was made on the basis of circumstantial evidence, police said Kochar’s licenced .32-bore revolver was found to be tampered with when sent for forensic examination. He, also, couldn’t produce the seven bullets issued to him or the record where he had used them. 

Police said the Toyota Fortuner (PB-08 BW 8006) SUV in which Billa was shot dead near the Company Bagh Chowk was also registered in the name of a factory co-owned by Kochar. Police said Kochar had been paying the vehicle’s loan instalments and couldn’t cite a reason why his vehicle was with Billa that day. 

The CCTV camera footage of Kochar’s house of June 3 is not available and the police have records of telephone calls exchanged between him and Billa, it is learnt. 

Sources said Kochar told the police that he had purchased a second-hand weapon and didn’t know who tampered with it. The man from whom Kochar bought the weapon is reportedly in Dalhousie and police will question him in this regard. 

Sources said Kochar’s location on the day (June 3) Billa was murdered was found to be near the crime spot, adding there was a dispute between the two over hawala transactions running into crores of rupees. 

Police commissioner Arpit Shukla said the circumstantial evidence against Kochar needed to be scientifically probed and a plea for his narco-analysis had been moved. 

Business partner held for cheating

In another case, Kochar’s business partner Ashok Kumar alias Lucky Kakkar (50), an exporter, for cheating as he possessed two PAN cards and one of them was fake.

Kakkar owns JK Tools Industry in the Focal Point area. He has been sent to judicial custody till July 17.

A cheating case has been registered against Kakkar at the Model Town police station.