surat city crime branch has registered an offence against r b vinod kumar nayar of mumbai for allegedly cheating a citybased diamond trader of rs 2395 crore the accused purchased diamonds worth rs 3780 crore from the complainant and paid only rs 1385 crore when the complainant demanded the balance amount the accused filed complaints of threat against him with mumbai police afroz fata a resident of habiba palace adajan patiya in his complaint said that he had sold diamonds worth rs 3780 crore in march 2011 to the accused and required documentation for the product sale was also prepared nayars shree chakra udyog purchased the material through his office located in mahidharpura area of the city the company had rented an office in the city which it closed after defaulting on payment fata was paid rs 1385 crore by the accused through real time gross settlement rtgs during three months credit period he gave 12 cheques of rs 50 lakh each when i deposited the cheques they bounced as there was no balance in the bank account so i approached the court to recover my due said fata meanwhile nagpada police station mumbai contacted fata and informed him that nayar had submitted an application against him nayar alleged in his application that he had borrowed rs 20 crore from me and to recover the money i was threatening him i explained my case personally to mumbai police they were convinced and summoned nayar thrice but he did not turn up informed fata nayar then filed a complaint with mumbai crime branch against fata meanwhile he came to know that nayar had taken a bank loan on the basis of invoice of fatas company nail industries pvt ltd he took finance on the basis of fake invoice of my company in which he had replaced diamonds with sesame and cumin i had never traded in these products he must have shown these products as banks dont finance diamond purchase said fata