Nagpur, Jun 1 (PTI) The police have arrested a worker of the NCP in a case of loan fraud, in which forged documents were allegedly furnished to avail bank loan of Rs 1.89 crore in Maharashtra's Nagpur city, police said on Wednesday.

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The Lakadganj police on Tuesday night arrested NCP worker Gulam Ashrafi alias Pyare Ashrafi (40), an official said.

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According to the police, Ashrafi's employees Lokesh Ashok Sarpe (35) and Imran Khan Usman Khan (35) had allegedly approached a bank seeking loan to purchase the former's home.

The duo had posed as employees of Western Coalfields Ltd (WCL), and Ashrafi along with Lokesh and Imran had managed to convince the document verification team hired by the bank, the official said.

The bank then sanctioned two loans of Rs 89 lakh and Rs 1 crore to Lokesh and Imran. The fraud came to light when they started defaulting on the payments, he said.

On the basis of complaint lodged by the bank manager, a case of cheating and forgery was registered in this regard, the official added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)