The Goregaon police arrested four people, three of whom approached a businessman posing as CBI officers, on Friday. The arrested accused were identified as Jivan Ahir (Vipul), 52, Girish Valecha, 29, Rahul Shankar Gaikwad, 43, and Kishor Chaibal, 52.

According to the police, the 43-year-old complainant has an office in Unnat Nagar, Goregaon west. As per his statement to the police, he needed a loan of about Rs 1.6 crore for his business. One of his acquaintances told him about a person called Kaustubh who could get him the loan.