The Malad police arrested three men for allegedly duping a city-based foreign exchange firm of Rs 25 lakh by posing as Montex pen company owner. The officials have also recovered 11,300 Euros (approximately Rs 9 lakh) from the accused. Two more accused, including the mastermind, are still at large.

The arrested accused have been identified as Hanuvant Chain Singh 27, Ganga Singh Rajput (30) and Durakha Singh Rajput (47). Those absconding are Surendra alias Ashok and Suraj alias Raju.