Man held for cheating 72-year old of ₹1.5 crore in land deal
A 66-year-old man was arrested in Nagercoil for allegedly cheating a 72-year-old man of ₹1.5 crore in a fraudulent land deal. Police report that the suspect is facing multiple similar complaints from other victims.
Why it matters
This highlights ongoing issues with property fraud and the importance of due diligence in real estate transactions.
The Kanniyakumari District Crime Branch (DCB) police has arrested a 66-year old man from Nagercoil for allegedly cheating a man of ₹1.5 crore in property deal.
According to police, the accused R. Ragunathan, 66 from Nagercoil had allegedly received an amount of ₹1.5 crores from a man identified as A. Joseph, 72 of Asaripallam to sell him 16.303 cent of land located in Nagercoil South Village. However, after receiving the amount Ragunathan failed to execute the sale deed. Joseph later found that he had sold the same property to another person. As Ragunathan failed to return the money, Joseph lodged a complaint with the DCB police in January, 2026.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in