India, Feb. 8 -- Gurugram police on Friday arrested Dhruv Dutt Sharma, CEO of the firm behind the 32nd Avenue commercial real estate project in Gurgaon. Sharma's arrest was based on a complaint of cheating filed by a company over the sale of a property within the high-profile 32nd Avenue complex.

Dhruv Sharma was arrested by the Economic Offences Wing (EOW) of the Gurugram Police on Friday and produced before a local court. He has been remanded to six days of police custody.

In a first information report (FIR) filed on January 2, Traum Ventures Pvt Ltd said Sharma and associates entered into an agreement for sale for a 3,000-square-foot commercial unit in the first floor 32nd Avenue building in September 2021 for Rs.2.5 crore. The compa...