Owner of city-based Suryansh Hotel, Chittaranjan Mallick was arrested on charges of duping a person of over Rs 10 crore. Commisionerate police arrested him from his residence at Nayapalli, Bhubaneswar.
According to reports, Mallick had duped Babis Prusty on the pretext of selling a sponge iron plant. A complaint was lodged by Prusty at the Nayapalli police station and involvement of Mallick's brother Niranjan and another person Dharma Niranjan Routray were arrested.
Mallick had reportedly taken Rs 9.75 crore iin 2008 as advance from Prusty to sell his sponge iron company names Aditya Sponge and Power Private Ltd located at Keonjhar But later, Prusty found that the ownership of the plant was not with Niranjan Mallick.
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After failing to recover the advance money, Prusty lodged a complaint in October 2013 following which Nayapalli police took the action.