Court asks CCB: How can you prove Reddy’s involvement in ponzi scam case?

coastaldigest.com news network
November 14, 2018

Bengaluru, Nov 14: The First Additional Chief Metropolitan Magistrate (ACMM) court pulled up the Central Crime Branch (CCB) police for arresting Ballari mining baron G Janardhana Reddy even before collecting sufficient evidence of his involvement in the case.

While hearing a bail application filed by Reddy, the magistrate V Jagadeesh, asked CCB officials what connection Reddy had with Ambidant Marketing Pvt Ltd.

“The complaint is in one direction and the investigation is in another direction. There is not the smallest allegation we can find against Reddy as neither the investors nor the complainant have mentioned Reddy’s name. How can you say Reddy is involved in the case?” the court asked.

Leading criminal advocate C H Hanumantharaya, representing Reddy, submitted that the court had granted bail to four accused in the case and also an anticipatory bail to fifth accused Mehfuz Ali Khan. Soon after Reddy received a notice from the CCB police, he appeared before them despite not being involved in the case. Khan had taken Rs 18 crore from Syed Ahmed Fareed and his son Syed Afaq Ahmed, owners of Ambidant. Reddy has no connection with the Ambidant fraud, he stated.

Hanumantharaya further submitted that during interrogation, Reddy told the CCB that he was aware that his aide, Khan, had taken a loan from Ambidant and he will ensure that he will make him (Khan) repay it. He stated that there were no allegations against Reddy and he has to appear for a case related to the CBI and sought bail.

Public prosecutor V Venkatagiri submitted that the case involves Rs 600 crore and thousands of investors were cheated by Ambidant. There are allegations that Reddy has taken money from Ambidant owners to bail them out from cases and opposed the bail saying he may destroy evidence and influence witnesses.

When magistrate Jagadeesh asked the public prosecutor how Reddy was involved in the Ambidant fraud case, he replied that it cannot be revealed in the open court. After hearing the arguments, Reddy’s bail plea was posted for orders on Wednesday.

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News Network
December 15,2025

Udupi, Dec 15: What was meant to be a post-pilgrimage gathering turned tragic in Padukere village of Brahmavar taluk, Udupi district, late Sunday night, when a clash among youths escalated into a fatal assault, leaving one man dead.

The victim has been identified as 30-year-old Santosh Mogaveera, a resident of Padukere.

According to preliminary information, the incident took place during a late-night drinking party involving a group of local youths who had recently returned after completing their pilgrimage to the Sabarimala shrine. An argument reportedly broke out among the group and soon escalated into a violent confrontation.

During the ensuing brawl, Santosh Mogaveera was allegedly assaulted and collapsed at the spot after sustaining serious injuries. He was rushed by local residents to a private hospital in Brahmavar, where doctors declared him dead.

On receiving information, senior police officials, including Brahmavar Circle Inspector Gopikrishna, Kota Police Sub-Inspector Praveen Kumar T, Station ASI Manthesh Jabagoudar, and head constables Pradeep and Ashok, visited the spot and conducted an inspection.

Police have taken four youths into custody in connection with the incident. A case has been registered at the Kota police station, and further investigation is underway to ascertain the exact sequence of events leading to the death.

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News Network
December 15,2025

Mangaluru police have arrested a 27-year-old NRI on his return from Saudi Arabia in connection with an Instagram post allegedly containing derogatory and provocative remarks about the Hindu religion, officials said on Monday.

The accused, Abdul Khader Nehad, a resident of Ulaibettu in Mangaluru, was working in Saudi Arabia when the post was uploaded, police said.

A suo motu case was registered at the Bajpe police station on October 11 after an allegedly offensive post circulated from the Instagram account ‘team_sdpi_2025’. Police said the content was flagged for being provocative and derogatory in nature.

During the investigation, technical analysis traced the Instagram post to Nehad, who was residing abroad at the time, a senior police officer said. Based on these findings, a Look Out Circular (LOC) was issued against him.

On December 14, Nehad arrived from Saudi Arabia at Calicut International Airport in Kerala, where he was taken into custody on arrival. Police said further investigation is underway.

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News Network
December 16,2025

Mangaluru, Dec 16: The Mangaluru City police have significantly escalated their campaign against drug trafficking, arresting 25 individuals and booking 12 cases under the Narcotic Drugs and Psychotropic Substances (NDPS) Act between November 30 and December 13. The crackdown resulted in the seizure of a substantial quantity of illicit substances, including 685.6 grams of MDMA and 1.5 kg of ganja.

The success of this recent drive has been significantly boosted by the city’s innovative, QR code-based anonymous reporting system.

"The anonymous reporting system has received an encouraging response. Several recent arrests were made based on inputs received through this system, helping police tighten the noose around drug peddlers," said the City Police Commissioner.

The latest arrests contribute to a robust year-to-date record, underscoring the police's relentless commitment to combating the drug menace.

Up to December 14 this year, the police have registered a total of 107 cases of drug peddling, leading to the arrest of 219 peddlers. Furthermore, they have booked 562 cases of drug consumption, resulting in the arrest of 671 individuals.

The scale of the seizure for the year reflects the magnitude of the problem being tackled: police have seized 320.6 kg of ganja worth ₹88.7 lakh and 1.4 kg of MDMA valued at ₹1.2 crore. Other significant seizures include hydro-weed ganja worth ₹94.7 lakh and cocaine worth ₹1.9 lakh, among others.

The Commissioner emphasized a policy of rigorous enforcement: "We ensure that peddlers are caught red-handed so that they cannot later dispute the case or claim innocence."

To counter the rising trend of substance abuse among youth, the Mangaluru City police have rolled out uniform guidelines for random drug testing across educational institutions.

As part of the drive, tests were conducted in approximately 100 institutions, screening an estimated 5,500 to 6,000 students in the first phase. 20 students tested positive for drug consumption during the initial screening.

Students who tested positive have been provided counselling and are scheduled for re-testing in the second quarter. The testing will also be expanded to students not covered in the first phase. In a move to ensure strict implementation, police personnel were deployed in mufti in some institutions. Reiterating a zero-tolerance stance, the Commissioner confirmed that random testing will continue, and colleges have also been instructed to conduct drug tests at the time of admission to deter substance abuse from an early stage.

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