The police have arrested a Punjab resident for allegedly duping an Ambala resident on the pretext of helping him get a bank loan.

The accused was identified as Rahil, a resident of Amritsar, Punjab.

The complainant, who is in the wholesale medicine business, told the police that on May 4, he searched for a personal loan on a website, following which a call was received on his wife's mobile number from a woman claiming to be a representative of Capital One Finance, Noida.

She informed the complainant's wife that a personal loan of Rs 4 lakh had been approved. The fraudster allegedly demanded copies of the Aadhaar card, PAN card and bank statement, which were provided through WhatsApp.

Later, the fraudster informed them that the KYC had been completed and a loan of Rs 5 lakh had been approved. She then demanded Rs 1,850 as file charges, which was transferred.

Later, the fraudster asked for Rs 4,770 on the pretext of insurance, which was also paid, and the complainant received a policy as well. The fraudster continued extracting money on the pretext of commission, GST and other charges, and managed to take Rs 77,510 from the complainant. However, the loan amount was never transferred to the complainant's account.

After the fraudster stopped answering calls, the complainant realised that he had been duped and approached the Ambala police to get an FIR registered. A case was registered under Sections 318 and 319 of the Bharatiya Nyaya Sanhita (BNS) against unidentified persons.

Cyber Crime Police Station in-charge Sandeep Kumar said that following technical inputs and investigation, Rahil was arrested from Punjab.

The accused is currently on police remand and we will obtain information about his other accomplices and their locations to recover the money. The bank records of the fraudster are being checked, he added.