Natesan, lodged in Chennai prison since his arrest on December 27 last, was brought to Pimpri by the local crime branch sleuths following complaints by several investors from the city.

An FIR was filed against Natesan at Pimpri police station on October 27 last. The Pune crime branch secured his custody on January 30 and he was produced before the Pimpri first class judicial magistrate S M Yelhatti, who remanded him to police custody. The prosecution case is that Natesan, who had launched four investment companies including Anubhav Plantations, Anubhav Deposits, Anubhav Agro Housing Development and Dhan Vruksha, had duped investors. The public prosecutor submitted in the court that Natesan had duped investors of Rs three crore in Pune and over Rs 20 crore in Gujarat. He is also accused ofallegedly luring the public by floating attractive ads in newspapers, magazines and TV.