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Navi Mumbai man held for vehicle hire fraud; 23 cars worth Rs 72.9 lakh seized

'He started a self drive car firm and took vehicles on rent, but stopped making payments after a couple of months. He took 25 cars from a firm based in Chennai and fraudulently mortgaged them for around Rs 2 lakh each with people. A case was lodged against Shetty based on the complaint of this firm,' Police Commissioner Bipin Kumar Singh

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Twenty-three cars worth Rs 72.90 lakh were recovered from a man accused of cheating a vehicle hire firm, Navi Mumbai police said on Monday.

Police Commissioner Bipin Kumar Singh said Kharghar resident Sandeep Raghu Shetty was nabbed from Mumbai airport by a team from Vashi police station as he was about to flee to Dubai.

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