Couple arrested for allegedly swindling ₹7.16 crore using forged documents

A couple was arrested by the Avadi Central Crime Branch for allegedly misappropriating ₹7.16 crore belonging to a woman, by using forged documents, including a fake mortgage deed and a no-objection certificate (NOC).According to the police, the complainant, Sumathi Shankar, owns two houses in Ayanambakkam and Korattur. She had kept the property documents at her parents’ house in Tondiarpet and went abroad. The police said that her brother, Babuji, 48, and his wife Ramya, 42, allegedly took the documents and created a forged mortgage deed, using it to mortgage the properties to Sivasamy for ₹78 lakh.After the complainant’s father died, the couple allegedly prepared a fake NOC and obtained ₹23 lakh from his LIC proceeds. They also allegedly misappropriated ₹6.15 crore invested by the complainant in the name of a company, Sri Meenakshi Industries.Based on the complaint, the Avadi Central Crime Branch registered a case and launched an investigation. After investigation, the police arrested Babuji and Ramya on Tuesday. Published - October 01, 2026 12:39 am IST