Lathika Actor Power Star Srinivasan has been arrested on charges of cheating a businessman, G U Balasubramaniyam of UBS International by the Chennai Police.
Balasubramaniyam approached Srinivasan seeking Rs 10 crore to help him in his business and Srinivasan accepted to give by charging 5 per cent as service charge, and took Rs 65 lakh from him. Lateron, Srinivasan did not release the funds and kept dodging the businessman. Power Star Srinivasan even threatened Balasubramaniyam with a gun.
By threatened and hurt Balasubramaniyam filed a complaint against Srinivasan to City Police Commissioner J K Tripathy after where Commissioner held Srinivasan in custody for cheating Balasubramaniyam and threatening him with a gun.