BITS Pilani pass-out held in cheque-bounce case

Press Trust of India  |  New Delhi 

A 49-year-old BITS post-graduate, who was at large for three years after buying computer parts worth Rs 4.34 lakh by allegedly offering dishonoured cheques, has been arrested in Delhi, police said on Sunday.

A man, who is supplier of computer parts, filed a complaint in the against a firm, Creation Computers Tech Pvt. Ltd, that dealt in the business of computer and computer parts, the said.

The complainant alleged that its directors, including Jain, would take the computer parts from him on credit and assured him return on the credit. They took computer parts worth Rs 4.34 lakh and gave him cheques which were dishonoured, the said.

Jain was not appearing in court despite several notices that were issued to his addresses. He was declared as an absconder in March 2015 and the court directed an FIR be filed against him. Two other cases were registered against the accused on the complaint of two other companies.

His in the company was interrogated and raids were conducted on his addresses, but he was not found. However, he was finally nabbed Saturday from Pul Prahaldpur and produced before a city court.

Jain belongs to Baghpat, and did his post graduation from BITS University, After his post-graduation, he started his own company, in Nehru Place. Later on, Jain joined a company in as one of the partners. As that company was not doing well, he left and came back to He is presently unemployed, the police said.

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First Published: Mon, October 01 2018. 00:40 IST