Chennai: TR Pachamuthu, the Chancellor of SRM University who is also the chairperson of SRM Group was arrested by Chennai city police on Friday.
At least 109 cheating complaints was lodged students and parents who allegedly paid huge amounts of money to obtain medical seat in the group of colleges under the SRM Deemed University and other institutions run by the SRM Group.
Trouble for Pachamathu started when Kollywood film producer Madhan went missing on May 27 leaving behind a note. The note which was supposedly written by Madhan was even surfaced on social media.
Pachamuthu was arrested under Indian Panel Code (IPC) sections 420 (cheating), 406 (criminal breach of trust) and 34 (common intention).
As per reports, a total of Rs 73 crore was collected from the parents who have lodged.