What action shold be taken?

Dear Sir/Madam, I reside in Mumbai.I read advertisement in newspaper regarding travel business.So I met that person in his Mumbai office; he told that he will give us a cab with driver etc for which we have to pay around Rs.2lacs.He will put the car on hire in Uber or Ola & after paying off monthly expenses;we will have 20-30k in hand.My sister had a commitment somewhere but I asked her to divert that money over here (Rs.125k),Plus she even put her gold chain as mortgage for 30k.Total we paid by cheque Rs.155000 in the name of Wheelpool Travels.It was in mid 2015.After that he started making excuses,like T-permit can't be issued for women;they require IT papers for sanctioning loan which you people don't have,etc.As he was not responding to our calls,we went to his house which was mentioned on his Aadhar card;but it was mother in law's house.After one year we traced his house.Uptill now he has returned around 1lac,but like giving 5k or 10k; only once he gave 50k. How can we recover the money from him?It's been 3years.Can we get some interest money too?My sister had to go through lot of mental stress& tension,as she had diverted that money which was committed somewhere else thinking of getting good returns in few months.She is also paying monthly interest for the chain which is still mortgaged. Can you please advise