City police have arrested two persons who allegedly cheated car owners after promising assured monthly payments for renting out their vehicles.
A hunt was on for another person, believed to be the mastermind behind the con act, a police release said today.
Acting on a complaint from one Srinivasan here that he had given his "Innova" car to a person who had placed an online advertisement assuring monthly rental, police launched investigations and zeroed in on 30-year-old Asupathi and Veeramani (23).
The two, involved in such frauds, were arrested and two cars valued of Rs 10 lakh seized from them, police said.