The Malvani police arrested a 37-year-old event organiser for allegedly cheating multiple car owners by offering to rent their luxury vehicles every month,  only to mortgage those vehicles with banks and finance companies, swindling lakhs of rupees.

Police said the accused took a Toyota Fortuner from a Malvani resident for Rs 60,000 per month, paid rent for a few months, later removed the GPS tracker, and pledged the vehicle with a finance firm. When the accused stopped responding, the owner complained to the Malvani police station.