Kerala police nab wanted financier in Chennai

Kerala police nab wanted financier in Chennai


Chennai, Sep 30: A special team from Kerala on Saturday nabbed P.Maharajan, a financier wanted for a multi-crore fraud, at Chennai after firing in the air to scare away his supporters who resisted his arrest.

As the firing created panic in Virugambakkam area where Maharajan was living, local police rushed to the spot and helped the Kerala team to take him into custody. The eight-member team led by circle inspector Ashok Kumar of Palluruthi police station took him on a flight to Ernakulam after getting a transit remand from a local magistrate.

Maharajan was arrested under the Kerala Money Lenders Act and Kerala Prohibition of Exorbitant Interest Act, but he escaped to Chennai. He was apprehended in July from the same Virugambakkam area by the Kerala police. But when they tried to take him by road to Ernakulam, a gang intercepted them at Kaniyur in Coimbatore and rescued him, local police sources have said.

The Kerala police, on a tipoff that the 41-year money lender was back in Virugambakkam, came without informing the local police to nab him. To prevent a repeat of the last incident, this time the police took him by plane to Ernakulam.

The Chennai-based financier has, however, contested claim that he was rescued by a gang in Coimbatore last July while being taken to Ernakulam. In a petition to Coimbatore Superintendent of Police, Maharajan said he and his friend Vignesh Rao were picked from Sriperumpudur on July 21 by plainclothesmen from Kerala without any arrest warrant.

Maharajan also alleged that the police team took over Rs 2 lakh and a gold chain from him and demanded Rs 10 lakh bribe to let him off.

Maharajan said that when the police vehicle stopped at a toll gate, they escaped under the pretext of attending to nature’s call and took a bus back to Coimbatore.

The Superintendent of Police P Murthi said the Kerala team did not lodge a complaint immediately after that incident, but proceeded to Kerala. They came back only the next day to lodge a formal complaint.