Man arrested for trying to extort Rs 10 cr from Indiabulls

Man arrested for trying to extort Rs 10 cr from Indiabulls

Gurugram: A man identified as Rammani Pandey was arrested by the Gurugram Police on allegations of threatening the Chief General of India Bulls for Rs 10 crore. (Photo: IANS)

Gurugram, June 29 (IANS) Gurugram police on Friday arrested Rammani Pandey, for trying to extort Rs 10 crore from the Indiabulls Housing Finance company threatening to malign its reputation.

The 58-year-old had threatened to cause loss to Indiabulls' share value by revealing damaging information against the company among investors.

During his interrogation it was revealed that Pandey and his son are lawyers.

--IANS

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