The Central Crime Branch (CCB) has arrested a key suspect in connection with two property fraud cases, where land was usurped through impersonation and forged documents, and bank loans worth ₹8.3 crore were fraudulently obtained.
Tarachand, 59, of Mylapore, filed a complaint that after the death of his mother in 2019, a group of individuals impersonated her, forged documents, and registered a lease deed in favour of one Jayaraman and his wife, Kalaichelvi in his mother’s property. The accused then mortgaged the property at a private bank and obtained a loan of ₹3.03 crore, which they defaulted on.
Subsequently, the bank issued a loan-default notice, prompting Tarachand to lodge a complaint. Though the CCB’s Land Fraud Investigation Wing arrested five suspects, a key accused, Kamalakannan, had been on the run.
In another case, Kamalakannan and his associates forged a sale deed for a 12,000 sq. ft. property in Sholinganallur. The deed claimed that the property had been sold to Shiyas Pudhu Veetil, an NRI, and his wife. Using the document, the accused mortgaged the property with the SBI branch in Egmore and obtained loans totalling ₹5 crore in both names. They then divided the loan amount among themselves. Based on a complaint from the NRI, the CCB had arrested two more suspects.
Intensifying the investigation into the two cases, the police have now arrested the key accused, Kamalakannan, 45 of Kodungaiyur Investigation revealed that he has 13 cases pending with the CCB.
Published – November 21, 2025 12:37 am IST
