Hyderabad, March 11 -- The Banjara Hills Police arrested Saket Talwar, from Talwar Cars which runs a chain of automobile dealerships,including that of Scandinavian car maker Volvo,for allegedly cheating an automobile finance company.

According to Banjara Hills Police inspector Kalinga Rao, Talwar was apprehended on Tuesday night. He has been sent to remand.

The issue came to light after the insurance company came with a complaint stating payments for the Volvo car was made but the delivery was given to another person. "The complaint came in June or July last year. We have acted on this complaint and arrested the accused," Mr Rao said.

According to police, the finance company is Vijaykanth Finance which operates from Ranigunj. The compl...