The Central Crime Branch (CCB) of the city police on Wednesday arrested financier C. Angappan of Valasaravakkam.
The 45-year-old, who was reported to be absconding, is an accused in a cheating case, in which another accused, H. Ramakrishnan, had already been arrested.
A senior official of the Entrustment Document Fraud (EDF) of the CCB said in a complaint lodged by Sucharitha, it was alleged that Ramakrishnan, who had obtained general power of attorney from her, sold four plots of land owned by her near Velachery for ₹2.5 crore, without informing her and by forging documents.
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