Published 19:15 IST, August 15th 2020

UP: Collection agent, accomplice held for embezzling Rs 23.78 lakh

A collection agent of a construction materials store owner in Loha Mandi in Ghaziabad was arrested on Saturday for allegedly embezzling Rs 23.78 lakh collected from a group of traders in Meerut, police said.

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A collection nt of a construction materials store owner in Loha Mandi in Ghaziab was arrested on Saturday for allegedly embezzling Rs 23.78 lakh collected from a group of trers in Meerut, police said.

accused collection nt Dinesh did t return to shop on August 13 and his phone was switched off later that day, y said.

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Later, Dinesh is said to have cooked up a story of him being kidnapped with his wife lodging a missing complaint at Vijay Nagar police station.

Ghaziab Senior Superintendent of Police Kalanidhi Naithani told PTI that trer Vikas Jain also lodged an FIR in which he told police that Dinesh h t returned with his collection on August 13.

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Working on both complaints, police arrested Dinesh and his bror-in-law Pappu in Aligarh on Friday.

Dinesh confessed that he h misappropriated money because he h a high debt and was under pressure to repay dues that he h lent from some money lenders. money was kept at Pappu's house in Sunamai vill of Aligarh district, SSP said.

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Police have recovered Rs 23.54 lakh of collection amount from re while Dinesh mitted that rest of Rs 24,000 were spent by him. 

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19:15 IST, August 15th 2020