Kasaragod, Aug 11: Ending a nine-month-long escape from the law, the Fashion Gold Jewellery cheating case accused Pookoya Thangal has surrendered before the Magistrate court in Hosdurg near here on Wednesday.
Thangal is the Managing Director of the group and religious leader of Kasaragod.
Earlier, the crime branch police which is investigating the case had arrested the Indian Union Muslum League (IUML) leader and Manjeswaran MLA, M C Kamarudheen, on November 7 last year, in connection with the case.
The MLA is the chairman of Fashion Gold Jewellery Group which is alleged to have cheated hundreds of investors of the group amounting to over 100 crores.
Partners of the group include Muslim scholar Pookoya Thangal.
More than 100 cheating cases have been registered under section 420 of the Indian Penal Code, which deals with cheating and dishonesty, in many police stations in Kasaragod and Kannur districts.
It was the trust people had in the league leader and religious scholar that people including league supporters had invested in the group.
Police sources said the group had sold properties and reinvested elsewhere.
Pookoya Thangal has been remanded to judicial custody.
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