Hudkeshwar Police have registered a case against Sachin Sharma, proprietor of Shri Shyam Enterprises, for allegedly defrauding a petroleum products trader of Rs 1.96 crore under the guise of business payments.
The victim, Sparsh Bhau Gawande (27), a resident of Indranagar, Narsala Road, Nagpur, supplied petroleum products to Lokesh Infra Pvt Ltd in 2023. Sharma, acting as a sub-contractor for the company, placed multiple orders worth Rs 1.92 crore between May 23 and August 27, 2023.
Initially, payments were made on time, earning Gawande’s trust. However, Sharma later defaulted on payments and also took an additional Rs 4 lakh, promising to release pending dues. Despite repeated demands, he neither cleared the dues nor returned the Rs 4 lakh.
Hudkeshwar Police have registered a case under Sections 420, 406, 409, and 506 of the Indian Penal Code.
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