A 41-year-old bodybuilder was arrested by the Bandra police for allegedly defaulting on payments and cheating an entertainment company to the tune of Rs 68.53 lakhs. The alleged accused were identified as Sheru Angresh who had taken a payment of Rs 1.44 crores from the owner of Craving Dreams in 2011 out of which only Rs 75 lakhs were paid to the firm.
According to Bandra police sources, when the complainant repeatedly demanded the pending amount, Angresh kept on delaying the payment and fled to United States of America (USA). After that, the complainant lodged a police complaint and the police issued lookout notice against him. On Thursday, when Angresh landed at Delhi airport from USA, he was brought back to the city on Saturday.
Angresh in 2011 approached the complainant and said that he was a bodybuilder and was willing to organise a show at Mehboob studios for which the organisers had called 30 other bodybuilders to perform at a stage show. The complainant was asked to provide with logistics including lighting and other arrangements and for the same, Angresh was given a quotation of Rs 1.44 crore out of which Rs 50 lakhs were paid in advance by cheque. After a contract was drafted, both the parties agreed to settle the remaining dues after the event.
The event which took place between September 23-25, 2011 and was a success. However, after that, Angresh kept on delaying the remaining payment of Rs 94.53 lakhs claiming that he had insufficient funds. A few months after Angresh ignored the complainant’s calls, the former drafted an email and sent it to Angresh, after which he paid Rs 25.65 lakh as a part payment. Following this payment, Angresh went to the USA and never returned to India.
The Delhi airport authorities alerted Bandra police about Angresh arrival and was brought back to Mumbai late on Saturday night. Angresh has been booked under relevant sections of the Indian Penal Code pertaining to cheating (section 420) and criminal breach of trust (section 406). He was produced in a local magistrate court on Sunday and was remanded in police custody for further investigation, sources added.