Delhi Police has arrested a couple for allegedly duping the banks and people by obtaining loans on forged property papers and later selling the same property.

The couple forged documents such as PAN cards, Aadhaar cards, voter ids, driving licenses etc.

Both the accused have been declared proclaimed offender by the court.

The forgery came to light when a few complainants reported that they had purchased property after paying around Rs 20 lakhs in the year 2012 from one Monu Kumar Gupta and his wife Neelam Gupta.

The complainants said they took the possession over all the five floors in the said property. After some time, bank officials from the Union Bank of India, Darya Ganj visited their house and informed that Monu Kumar Gupta and his wife Neelam Gupta had obtained a loan of Rs 30 lakhs after mortgaging the said property with the bank in 2009.

During further inquiry, they also came to know that Monu Kumar Gupta and his wife Neelam Gupta had also obtained a loan of Rs 18 lakhs from Central Bank of India's Hauz Khas branch on the said property.

The complainants further alleged that Monu Kumar Gupta and his wife Neelam Gupta had committed offences of forgery and cheating by concealing the facts that they had obtained loans of Rs 48 lakhs after mortgaging the said property with two different banks on the basis of forged and fabricated documents.

During the course of investigation, the police team conducted a raid at the rented house of accused persons in Devli Extension and found out that they had vacated the house and shifted somewhere else. It was revealed from a reliable source that both absconding Monu Kumar Gupta and Neelam Gupta are residing somewhere in the area of PS Bindapur after changing their identity.

The police team continued its efforts to get the details of other family members of accused on the website of Election Commission of India.

The team succeeded in getting the voter ID details of the daughter of accused which revealed that the couple was residing in Delhi's Uttam Nagar area after changing their identity.

On the basis of this information, a raid was conducted and the couple was arrested.

Accused Monu Kumar Gupta had changed his name to Sushil Kumar and accused Neelam Gupta had changed her name to Sarla. The couple had managed to create new fake documents such as Driving License, Aadhar Card, PAN Card and Voter ID Card with their new names on it.

The couple did so to evade arrest.

It was revealed that when accused Monu Kumar Gupta was running his cigarette shop at Gurdwara Road, he started playing 'satta' and had to bear huge financial losses.

He had a joint property in KM Pur and mortgaged the said property with Union Bank of India and obtained a loan of Rs 30 lakhs.

Thereafter, on the basis of false and fabricated papers, he again mortgaged the said property with Central Bank of India and obtained a loan of Rs 18 lakhs.

Later, he constructed 5 floors on the said property and sold them to Rajesh Agarwal and other four people. After this, he disappeared along with his family.

Now, Monu Kumar Gupta and his wife Neelam Gupta have been arrested by the Delhi Police for allegedly duping the banks and people by obtaining loans on forged property papers.