Malabar Hill police have booked suspended income tax officer Vikram Batra, who faces corruption charges, and his wife Priyanka Batra for cheating a businessman from south Mumbai. The complainant alleged that the couple duped him of Rs 48 lakh by luring him to invest in their company for high returns within a year.

Bipin Agarwal, 52, who is in the garment business, filed the complaint on Saturday. Agarwal told the police that he started investing in the Batras’ company ARJ Impex Pvt Ltd in 2006 and put in a total of Rs 57 lakh over the years. Between 2006 and 2013, the couple gave him back merely Rs 9 lakh.