Chennai, April 26, 2013 -Well-known Tamil cinema actor ‘Powerstar’ Srinivasan, was arrested on Friday for allegedly cheating a person of a huge amount of money.
Srinivasan, 50, was arrested on Friday morning on a complaint from one P S Ranganathan of Prakasam district in Andhra Pradesh, a police release in Chennai said.
Ranganathan alleged that Srinivasan took Rs.50 lakh as commission from him with a promise to secure a loan of Rs.20 crore. However neither the loan was made available nor did the actor return the amount, police said.
The actor has been remanded to custody, police said, adding he was found to have cheated some more persons. He was arrested by the Central Crime Branch of Chennai police.
Srinivasan, popularly known as ‘Powerstar’ in film circles and among his fans, had last featured in the hit Tamil comedy, “Kanna Laddoo Thinna Aasaiya” recently.
