Chennai: Managing director of leading real estate company Casa Grande Private Limited was arrested on charges of forgery in connection with the sale of villas at Perungudi in Chennai.
Kulasekaran said that he gave power of attorney in the name of Casa Grande co-founders Anerudhan and M Arunkumar for obtaining building plan approvals on 1.33 acres of land owned by him.
He however said that the documents were forged and planning permission was obtained on the basis of the forged documents.
Following this, Kulasekaran filed a complaint alleging that Case Grande had cheated him to the tune of Rs 20 crore.
Based on the complaint, the Central Crime Branch arrested Anerudhan under Sections 465 (punishment for forgery), 467 (forgery of valuable security, will,etc), 468 (forgery for purpose of cheating) and 420 (cheating and dishonestly inducing delivery of property) of the IPC.
After producing him before the judicial magistrate, Alandur, he was sent to Puzhal central prison in Chennai on judicial custody.