An assistant police inspector was suspended for his alleged involvement in a case of duping a real estate developer on the pretext of exchanging his old notes, a senior police official said.
Sanjay Mali, attached to Santacruz Police Station, has been suspended and his involvement in the alleged duping of Sanjay Naik, on the pretext of exchanging three crore rupees from a bank in Santacruz, is being probed, the official said.
“An inquiry is going on against Mali in this connection,” a senior police officer said.
Police had on Thursday arrested three persons for cheating Naik on the pretext of exchanging his money from a bank in Santacruz on Tuesday.
The accused had asked Mr Naik to come to a place near the bank two days ago, where they took his money and fled.
The accused, whose names have not been disclosed, were arrested and a case under section 420 (cheating) of IPC was slapped on them, police had earlier said, adding more arrests were likely in connection with the incident.