Five persons have been arrested in connection with a property fraud in which a non-existent property at DLF Camellias, Gurugram, was sold for ₹12.04 crore using forged documents, the police said on Sunday.
They added that efforts are on to nab other members of the syndicate, including the alleged kingpin Ram Singh alias Babaji.
Police said the accused cheated victims, for over ₹200 crore, across multiple States by luring them with offers of luxury properties at throwaway prices, claiming these were bank-auctioned assets.
Forged sale certificates, mortgage papers and auction receipts – allegedly issued by the State Bank of India – were used to promise immediate possession.
Published – December 29, 2025 01:20 am IST
