For getting loans for high-end cars using forged paperwork, a bank manager and his aides have been arrested.

Nine members of a gang, including a bank manager, arrested in Muzaffarnagar . The gang allegedly obtained loans for high-end cars and sold them to unsuspecting customers .

Muzaffarnagar, Muzaffarnagar,: Nine members of a gang, including a bank manager, were arrested and reportedly arrested after securing loans for high-end cars.According to SP (city), Rajesh Kumar, the gang was arrested by the Kotwali Nagar police department along with the crime department and allegedly used to obtain car loans from banks and finance companies on false documents, remove hypothecation clauses from the new cars' registration certificates, and sell them to unsuspecting customers at a premium price.In addition, they allegedly used to sell these cars in Delhi, Haryana, Uttrakhand, and other Uttar Pradesh districts.According to interrogation, the accused report that more than 60 high-priced cars have been purchased and sold so far.

In the meantime, the status of a few regional transport office (RTO) staff is also being scrutinized.Without the help of a bank or RTO employee, this form of fraud is not possible.According to SP, a further investigation is underway.