Hyderabad: A former sub-registrar of the Keesara sub-registrar office, who allegedly facilitated the registration of fake and tampered property documents used in multiple real estate transactions and housing-loan frauds, was arrested by the Keesara police on Tuesday.
The fraud had come to light after a retired employee from Nizampet, Doppalapudi Ravindra, had lodged a complaint alleging fake sale deeds had been executed for his 300-square yard plot in Rampally village. So far, investigators have identified 11 such fraudulent transactions through which about ₹4.11 crore was allegedly obtained. Police said their investigation into a series of real estate fraud cases revealed his alleged collusion with key conspirators, fake sellers, impersonators, loan borrowers, document writers, GPA holders and real estate brokers.
The accused created forged property documents, got them registered and subsequently used them as title or security documents to obtain loans from banks and housing finance companies, according to police. The arrest comes nearly five months after six persons were arrested by the Keesara police in connection with the same case. The former sub-registrar has been identified as Mohammad Yousuf-ur-Rahman. Police identified six sale deeds registered at Keesara SRO during Yousuf’s tenure in connection with the case. Yousuf’s residence was searched on the day of his arrest, and documents, records and other material allegedly connected to the cases were seized. He was produced before a court and remanded in judicial custody.