Two arrested, 29 cars recovered
The Hindu
‘Accused hire vehicles from owners and pledge them to others’
The Parvatipuram police have recovered 29 cars and arrested two persons on the charge of pledging the vehicles to others after obtaining them for rent. Addressing the media on Friday, Superintendent of Police B. Raja Kumari and Parvatipuram DSP A. Subhash said the cars seized were worth approximately ₹2 crore. They said that the accused, Vajrapu Chandramouli of Parvatipuram and Lolugu Sivaramakrishna of Sithampet in Srikakulam district, had obtained the cars from the owners after promising to pay them a monthly rent ranging between ₹20,000 and ₹29,000.
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