Ludhiana, July 12 -- The Moti Nagar police have booked three Maharashtra residents for allegedly cheating a Ludhiana trader of Rs.52.91 lakh by accepting payment for an imported rajma consignment that was never delivered.

The accused have been identified as Vikram Shinde of Akola, Ranjit Shinde of Bori and Umesh Bapu More of Sonarwadi, all in Maharashtra.

According to the police, complainant Shyam Gupta, a resident of Agar Nagar, alleged that the accused had entered into a supply agreement for Brazilian and pink rajma through their respective firms. Acting on the agreement, Gupta transferred Rs.52,91,320 to the accused. However, despite receiving the payment, the accused allegedly failed to deliver the consignment or refund the money, c...