Bhubaneswar, Dec. 20 -- Infocity police on Saturday nabbed Ranjan Kumar Nanda, a popular Bhubaneswar-based builder accused of cheating hundreds of people by luring them with promises of housing projects. Nanda, the owner of Oditek Properties Pvt. Ltd., was taken into custody on the basis of Non Baliable Warrant (NBW) from the Bhubaneswar Golf Club while he was present there.

Police officials said the arrest was carried out on the basis of a Non-Bailable Warrant issued against him in connection with multiple cases of alleged financial fraud.

According to complaints, Nanda allegedly duped a large number of people by collecting money in the name of providing residential houses. The complainants have accused him of siphoning off crores of r...