The Central Crime Branch (CCB) of the Avadi City Police has arrested a couple for allegedly cheating 18 persons to the tune of ₹6.46 crore on the pretext of investing in a money doubling scheme.

The suspects were identified as Vignesh, 34, and his wife Rekha, 32, of Redhills. According to the complainants, M. Kalaivanan, 34, of Kolathur and others, the couple met them between 2021-24 and promised to double the money that they invest with them. When the complainants told them that they had no money to invest, the couple said one of their friends worked at a private bank and promised to get them loans based on collateral. The couple said they would settle the loans besides giving them returns on their investment. After getting the loan sanctioned, the couple received the money in multiple accounts. The complainants alleged that the couple failed to settle the loan or give them returns on their investments as promised.

After investigating, the police arrested the couple in Vandavasi and brought them to the city.