The Narsingi police have arrested a socialite named Shilpa Chowdary and her husband Srinivas for cheating a woman to the tune of Rs. 1.5 crore.
The accused couple had promised the woman, named Divya, of profits if she invested in their business. Divya alleged that the couple had neither delivered on the promise nor returned her money.
The police had taken Chowdary and her husband in yesterday for questioning. During the interrogation they examined the bank accounts of the accused, and after confirming that the latter had indeed taken money from Divya, arrested them.
The couple were sent to judicial custody after their production before a magistrate.
Another woman by name Rohini had also lodged a complaint against Chowdary alleging that the letter had duped her to the tune of Rs. 4 crore, and the police suspect that Chowdary had cheated several others too to the tune of crores of rupees in a similar fashion.
It is learnt that Chowdary had attracted several celebrities by holding parties for them.