Kannur, Jan. 2 -- Police arrested a man on Friday in connection with an alleged fraud in which gold ornaments and cash were allegedly swindled from a homemaker under the guise of offering interest-free gold loans, Kannur City Police Commissioner Nidhin Raj said.

According to the police official, the fraud was allegedly carried out under the guise of an establishment located in a building near the Thalassery General Hospital.

The arrested man, identified as Mohammed Shibil C. (39), of Thottummel, Vadakumbad, was one of the firm's owners and the fourth accused in the case.

The victim, a Dharmadam native, was reportedly lured by the accused with an offer of a one-year, interest-free gold loan. She was promised that, upon repayment of the ...