Nagpur: Rana Pratap Nagar Police have registered a major cheating case in which two men allegedly duped a construction businessman and several investors of ₹2.18 crore by promising high returns through share trading and commodity investments.

Complainant Kapilkumar Noshon Meshram (39), who runs construction work under the name ‘Sanrachna Associates’ at Trimurti Nagar, said he had known the accused Manoj Dharamchand Nandanwar and Vijay Kisan Mahurle through property dealings.

Nandanwar allegedly claimed that he and his wife handled large-scale investments in commodities, futures and options, and promised 100% returns within six months. Falling for the scheme, the complainant invested ₹38 lakh and was issued a post-dated cheque of ₹76 lakh.

Police said the accused later targeted the complainant’s relatives and friends, collecting a total of ₹2,18,72,123 with similar promises. They issued high-value post-dated cheques but never returned any money, thereby committing large-scale financial fraud.

Following a preliminary inquiry, an FIR has been registered under Sections 316(2), 318(4), 3(5) of the BNS, along with relevant sections of the MPID Act, 1999.

Rana Pratap Nagar Police have appealed to citizens to report if they too have been duped by the same accused or firm, and contact officers Pankaj Bondse (7620393050) or PSI Manohar Dandale (9637731272) with relevant documents.