bhopal city crime branch on saturday claimed to have arrested two fraudsters who duped private finance companies by borrowing loans using forged documents and then disappeared five other accused in the case were still on the run and efforts are being made to arrest themin the last four years the accused borrowed loans of about rs 18 lakh from different finance companies and divided them among themselves they frequently changed their location to avoid police attentionboth the main accused have been arrested from shujalpur police were investigating the role of finance company employees in this matter action will also be taken against them if collusion is found in the investigationadditional dcp crime branch shailendra singh chouhan said that complaint was filed by amit singh cluster manager of private finance company in november 2021 he stated that geeta and her husband ghanshyam residents of old semra had borrowed a loan of rs 675 lakh mortgaging their house located in arwalia village in eintkhedi similarly allarakha and his wife rahima took a loan of rs 605 lakh after mortgaging another plot located in same area they later stopped paying emis when the bank inquired about nonpayment of installments all four were not found at their respective addresses on verifying the documents submitted by them it was found that the accused got the loan disbursed on the house and plot of jyoti singh and her husband raghuveer singh ujjwal jain had prepared forged documents for them based on this complaint the crime branch had registered a case on charges of cheating against all the seven accusedadditional dcp chouhan said that during investigation it was found that based on these documents the accused had taken a loan of rs 191 lakh from another company and rs 368 lakh from another in the documents submitted with all the three finance companies the house and plot documents of jyoti and her husband raghuveer were used as mortgage all the seven accused divided the loan of about rs 18 lakh taken from the three companies among themselves and disappearedaddl dcp chouhan said that police were searching for the accused continuously with technical help the accused ghanshyam singraule and his accomplice ujjwal jain were arrested from shujalpur during interrogation both the accused have admitted to their crimethe accused were produced before the court and taken on remand for interrogation search was on for the absconding accused geeta singraule allarakha rahima raghuveer singh and jyoti singh in the case