Hansraj Saxena, Chief Operating Officer of Sun Pictures, was arrested by the City police at the airport on Sunday in connection with a complaint of Rs 1.25 cr cheating and life threat complaint lodged by a Salem-based distributor.
Police said Saxena was held after he arrived by a flight from Hyderabad following a complaint by TS Selvaraj, owner of Kandan Films in Salem.
Police sources said Selvaraj had lodged a complaint on July 1 with the City Police Commissioner alleging that Sun Pictures had signed a deal to sell the distribution rights for Salem area for the film ‘Theeratha Vilayatu Pillai’, starring actor Vishal.
They had signed a deal for Rs 1.25 crore and Sun Pictures had taken the money. But Saxena had distributed the film directly to theatre owners after taking money from them instead of selling the rights to Selvaraj.
Selvaraj had asked for the money to be returned but Saxena had reportedly delayed paying Rs 82.53 lakh as per the deal. On January 5, when Selvaraj asked for the money, he was allegedly threatened.
Following the complaint, KK Nagar police registered a case and arrested Saxena.