4 days ago
Delhi Police Arrest Man in Rs 23.60 Lakh Misappropriation Case
Police in Delhi arrested a man accused of taking Rs 23.60 lakh that belonged to a chemical business.
The man, Arjun Sharma, was reportedly sent to collect the money from another business.
He was supposed to deposit it in a bank, but he stopped answering calls and switched off his phone.
Police said they tracked his movements and found him after investigating different locations.
They recovered Rs 20.80 lakh in cash from him.
They also recovered an Activa scooter and three mobile phones.
Police said he had travelled through Jaipur, Chandigarh and Manali.
Investigators are still trying to recover the missing money.
Delhi Police arrested 37-year-old Arjun Sharma over the alleged misappropriation of Rs 23.60 lakh.
Police recovered Rs 20.80 lakh in cash, an Activa scooter and three mobile phones.
Sharma allegedly collected the money for deposit in a bank but then became unreachable.
Investigators traced his movements using technical surveillance and field verification.
Police said Sharma travelled through Jaipur, Chandigarh and Manali while evading detection; efforts continue to recover the remaining amount.
- Who
- Delhi Police arrested 37-year-old Arjun Sharma, who worked for complainant Sugam Gupta's chemical business.
- What
- Sharma was arrested in connection with the alleged misappropriation of Rs 23.60 lakh.
- Where
- The money was collected at C-522, Saraswati Vihar, in Delhi; police said Sharma travelled through Jaipur, Chandigarh and Manali.
- When
- The money was collected on August 21, and the case was registered on August 24; police announced the arrest on Saturday.
- Why
- Police allege that Sharma failed to deposit the collected cash in a bank and became untraceable.
Key facts
- Accused
- Arjun Sharma, 37
- Amount involved
- Rs 23.60 lakh
- Cash recovered
- Rs 20.80 lakh
- Additional recoveries
- One Activa scooter and three mobile phones
- Complaint date
- August 21
- FIR
- FIR No. 587/2026 under Section 316(4) of the Bharatiya Nyaya Sanhita
- Police station
- Adarsh Nagar Police Station, Delhi
Sources
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