An inter-state gang of eleven people, allegedly involved in selling four-wheelers by using fake documents, was busted by the police today with the arrest of its members, a senior official said.
Police have seized 28 vehicles worth around Rs 3 crore from the gang members who were arrested from different places in Madhya Pradesh.
According to Indore Range Deputy Inspector General of Police (DIG) HC Mishra, Mohammed Irfan, who used to run a travel agency in Mumbai in 2010, is the kingpin who used to avail loans from different finance companies for buying vehicles.
"After obtaining loan, Irfan, with the help of other members of the gang, used to buy four-wheelers and later sell them off in another State with the help of forged documents. He would default on repayment, thus duping the lenders," he said.
The officer said the gang has allegedly sold off 200 vehicles with fake documents in Maharashtra, Nagaland and some other States.
The members are identified as Mohammad Irfan, Saed Naved Ali, Mohammad Rafiq, Shazad Abdul, Mohammad Ali, Ghulam Sabir, Pravin Jain, Zuber Hussain, Kallu Khan, Salman Khan and Karan Hiralal.
Further investigation is on, he added.
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