<p>Bengaluru police have booked the CEO and founder of Oyo Hotels and Homes Ritesh Agarwal and two of his representatives for cheating and criminal breach of trust following a businessman's complaint.</p>.<p>In his complaint, Natarajan V R S, an ex-serviceman, stated that he runs the Rajguru Shelter Hotels in BEML Layout in Whitefield.</p>.<p>He entered into an agreement with Ritesh Agarwal on June 2017, where Oyo would give them reservations and take 20% of the share and give him 80%. But Agarwal and his representatives in Bengaluru, Anand Reddy and Prathik Singh had taken 80% of the share instead of 20%. He accused the trio of cheating him of more than Rs 1 crore.</p>.<p>The Whitefield police booked the trio, including Agarwal, under IPC Section 406 (criminal breach of trust) and 420 (cheating).</p>.<p>Natarajan told <em><span class="italic">DH</span></em> that many hotels in Bengaluru had similar problems with Oyo.</p>.<p>Oyo India's spokesperson in Delhi sought a day’s time to respond to DH's query.</p>
<p>Bengaluru police have booked the CEO and founder of Oyo Hotels and Homes Ritesh Agarwal and two of his representatives for cheating and criminal breach of trust following a businessman's complaint.</p>.<p>In his complaint, Natarajan V R S, an ex-serviceman, stated that he runs the Rajguru Shelter Hotels in BEML Layout in Whitefield.</p>.<p>He entered into an agreement with Ritesh Agarwal on June 2017, where Oyo would give them reservations and take 20% of the share and give him 80%. But Agarwal and his representatives in Bengaluru, Anand Reddy and Prathik Singh had taken 80% of the share instead of 20%. He accused the trio of cheating him of more than Rs 1 crore.</p>.<p>The Whitefield police booked the trio, including Agarwal, under IPC Section 406 (criminal breach of trust) and 420 (cheating).</p>.<p>Natarajan told <em><span class="italic">DH</span></em> that many hotels in Bengaluru had similar problems with Oyo.</p>.<p>Oyo India's spokesperson in Delhi sought a day’s time to respond to DH's query.</p>