Aasife Ahmed Chaudhary, proprietor of 'Aasife Biryani,' was arrested from Tuticorin in southern Tamil Nadu yesterday on the basis of a complaint by the financier, police said.
Investigation revealed that the DD was taken for only Rs 200 but forged as one drawn for Rs two crore, they said.
The complainant had alleged that he had lent Rs 5.70 crore to Chaudhury in 2014 for his business expansion and it had not been repaid.
However, the cheques bounced and the DD proved to be 'fake,' they said, adding, the complainant subsequently filed a police complaint against Chaudhury.
Incidentally, a separate case of "attempt to murder" had also been registered against Chaudhury and his second wife for allegedly threatening the financier, police said.
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