Cricketer Umesh Yadav duped of Rs 44 lakh by ex-manager under pretext of buying land; cops launch probe

"Thakre located a plot in a barren area. He told Yadav he would get it for Rs 44 lakh. Yadav deposited Rs 44 lakh in Thakre's bank account. However, Thakre purchased the plot in his name," an official said. When Yadav learnt about the fraud, he as...

Indian fast bowler Umesh Yadav scammed of Rs 44 lakh under pretext of buying land, cops launch probe
Nagpur: Ace Indian pacer Umesh Yadav has been allegedly cheated of Rs 44 lakh by his friend-turned-manager under the pretext of purchasing a plot in the former's name in Nagpur city of Maharashtra, police said on Saturday. A police official said a case was registered against Shailesh Thakre for cheating on a complaint lodged by Yadav, a resident of Nagpur.

Thakre (37) is a resident of Koradi and a friend of Yadav.

No arrest is made yet.


After Yadav was selected as a member of the Indian cricket team, he appointed his friend Thakre as his manager on July 15, 2014, as the latter was unemployed, the official said quoting the First Information Report (FIR).

"Thakre gained the trust of Yadav over time. He started handling all the financial affairs of Umesh Yadav. He used to handle Yadav's bank account, income tax and other financial tasks," he said.

The official said Yadav was looking for land for buying in Nagpur and asked Thakre.
ADVERTISEMENT

"Thakre located a plot in a barren area. He told Yadav he would get it for Rs 44 lakh. Yadav deposited Rs 44 lakh in Thakre's bank account. However, Thakre purchased the plot in his name," he said.

When Yadav learnt about the fraud, he asked Thakre to transfer the plot in his name but the latter refused to oblige. He also refused to return the money, the official said.

"Yadav lodged a complaint with police in Koradi, following which a case was registered under sections 406 (Punishment for criminal breach of trust) and 420 (Cheating and thereby dishonestly inducing delivery of property) of the Indian Penal Code," the official added.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Sports › Cricketer Umesh Yadav duped of Rs 44 lakh by ex-manager under pretext of buying land; cops launch probe
Text Size:AAA
Success
This article has been saved

*

+