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The Tambaram Central Crime Branch (CCB) has arrested two persons accused in separate cheating and misappropriation cases involving a total amount of over ₹4.63 crore.
In the first case, based on a complaint lodged by Theneeswari, a case was registered at the CCB on June 10. The complainant alleged she was induced to invest ₹95,000 in Globes Group Digital Private Limited on false promises of employment, partnership, and substantial profits. She was further induced to make additional investments and enroll other persons by assuring profits and repayment through a digital wallet facility.
During investigation, it was revealed that Babu Iyappan, the alleged main accused, along with other persons, had induced more than 135 persons and collected over ₹4 crore through 27 persons by making false promises. Babu Iyappan, a native of Tiruvannamalai, was arrested on Monday (September 21, 2026). He was produced before the Alandur Judicial Magistrate Court, and lodged in Central Prison, Puzhal. Laptops, mobile phones, cash, and other articles were also seized from him.
In the second case, Gopalakrishnan, proprietor of M/s. Pioneer Agencies, Pammal, lodged a complaint alleging that Ilanchezhian alias Subash, who was working as the in-charge of the company’s Pammal branch, diverted payments received from retailers and broiler chicken shop owners to his personal bank account. The accused allegedly replaced the company’s GPay QR code with his personal QR code and thereby misappropriated approximately ₹63 lakh.
The case was initially registered at Shankar Nagar police station and pursuant to the orders of the Madras High Court, was transferred to the Tambaram Central Crime Branch and re-registered on August 29.
During investigation, relevant documents and financial records were collected, and the alleged diversion of payments through the accused’s personal QR code was established. Ilanchezjian alias Subash, A/31, was arrested and produced before the Judicial Magistrate-I, Tambaram, and remanded to judicial custody.
The Tambaram City Police Commissioner Prem Anand Sinha said the police will continue to take stringent action against persons involved in cheating, financial fraud and misappropriation. Further investigation is under way to identify other persons involved and gather additional technical, digital, and financial evidence.
Published – September 23, 2026 03:15 pm IST
