Months after paying Rs 1.63 crore for a loan that he was supposed to get for a housing project in Patna, a builder from Bihar realised that the director of a BKC-based finance company had allegedly cheated him of the money. In the second week of June, police arrested the accused, who claimed to be the director of RJ Capitals Overseas Pvt Ltd, situated at Capital building in BKC. He had promised to arrange a loan of Rs 25 crore for the builder, by mortgaging the housing project, and even made him deposit the initial amount in different bank accounts. However, when the victim realised that he had been cheated, he registered a complaint with the Bandra Kurla Complex police and got the director arrested.Though he has been released on bail, cops are still in the process of investigating the case and collecting evidence against him.