Powerstar Srinivasan Arrested

It was very recently that Powerstar Srinivisan was charged for a cheque fraudulent case , now the latest is that Powerstar has been arrested for money fraudulent case of 50 lakhs. The Industrialist in question made a complaint to crime branch that Powerstar cheated him of getting 5 crores from a financier and charged 50 lakhs for it , but the actors hasn't fetched him neither the 5 crores nor has returned his 50 Lakhs.
Following the industrialist's complaint , Chennai Crime Branch Police have arrested Powerstar today at his residence in Anna Nagar.