Secunderabad police arrest four suspects in Ferrari theft

Secunderabad police arrested four people, including a Delhi-based high-end car dealer in connection with stealing a Ferrari. According to the police, the car dealer had forged the documents and had transferred the vehicle in the name of another person.

Hyderabad: Secunderabad police have arrested a Delhi based high-end sports car dealer along with his three other accomplices for illegally transferring a Ferrari in their own name. The car dealer had transferred the sports car purchased by Hyderabad based- businessmen on to the name of a person from Delhi and then later stole it.

The incident came to light when Hyderabad based businessman Dinesh Gandhi approached the police and complained that his Ferrari car, which he had parked near his neighbour's house was missing. Gandhi told police that in May 2019, he had purchased the car from Prince Pathak with the help of car dealer Prince Pathak and his colleague Neeraj Sharma. The cost of Ferrari is worth Rs 2 crore.

According to the police, Dinesh Gandhi in order to get the ownership of the vehicle had signed few documents sent by Neeraj. However, the documents were later forged by Prince Pathak and transferred the car in the name of Bilal. Bilal had approached Prince Pathak for Ferrari and had also given Rs 25 lakh for the deal. \

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The police said that Prince planned to steal the car knowing that Dinesh Gandhi was not in India. In July, he sent his followers Bhupinder and Saddam from Delhi to Hyderabad to steal the car. The followers along with Neeraj Sharma went to Gandhi's house and introduced themselves as Dinesh's friends, who came to repair the vehicle.

The family members believed them and gave away the keys, who drove away the car. However, the family was later alerted by Gandhi and they lodged a complaint with the police. After receiving the complaint, the police swung into action, located the car and seized it. Neeraj, Bhupinder and Saddam were arrested in July. However, Prince was also arrested four days later.