Rs 1.51 crore fraud with a director of a steel company: 2 men bought steel goods and initially paid the full amount, then betrayed the trust

A case of cheating of Rs 1.51 crore has come to light with the director of Sunrise Multi Steel Company, which sells steel in Rajkot. 2 Persons R. P. He started buying steel in the name of a steel firm. After that, once the full payment was made, the payment business started. After paying Rs 2.23 crore out of Rs 3.74 crore, the rest of the money was switched off. The businessman then searched the firm and the house of the two men. However, they were not found. The businessman has lodged a complaint with the Crime Branch against the two men. The two men said that there were incidents of non-payment of goods in Gondal, Shapar Veraval and Ahmedabad. So the police have started an investigation. We advertise through social media to increase the sale of steel Sanjaybhai Pane, 54, a director of Sunrise Multi Steel Company in Rajkot, has lodged a complaint with the Crime Branch against Rushikeshbhai Pankajbhai Mehta and Kishorebhai, proprietors of RP Steel firm, for cheating him of Rs 1.51 crore. In which he said that Sunrise started the company in 2019 and started manufacturing steel in 2021. We advertise through social media and other means to increase the sale of steel. Meanwhile, in March 2025, Rishibhai and Kishorebhai contacted. J. R. P. He said he owned a company called Steel and talked about the need for steel. The complainant filed a complaint of cheating against the duo After this, he ordered steel worth Rs 12,08,460 and then sent steel goods worth Rs 3,74,31,353. However, out of this, Rs 2,23,21,032 was paid and the remaining Rs 1,50,37,980 was not paid. Apart from this, Rs 1,51,10,321 is yet to be paid. The duo did not pick up the phone despite repeated calls regarding the outstanding money. After which the investigation was carried out. P. The steel site was closed and they could not be found even there on their way to Rishikeshbhai's house. The complainant has filed a complaint of cheating against both of them under Sections 318 (4) and 3 (5) of the Indian Penal Code.