ED?arrests 7 more in cash exchange racket

December 9, 2016

Bengaluru, Dec 9: The Enforcement Directorate (ED) has arrested eight people in connection with the recent seizure of a huge stack of Rs 2,000 notes from two senior engineers.

arrests
Those arrested are G Prashanth, brother-in-law of S C Jayachandra, Chief Project Officer of State Highway Development Project. Jayachandra was arrested by the ED officials on December 5. Based on his information, officials arrested seven others involved in exchange of demonetised currency with the new Rs 2,000 and Rs 500 notes.

Sources said Prashanth was instrumental in supplying of new currency. ED officials recovered Rs 91.94 lakh with Rs 2,000 currency from the possession of Jayachandra. “The accused had organised a systematic network for supplying new notes in exchange of demonetised currency to various persons. The exchange was being done for 20-35% commission. The other accused had supplied new notes on earlier occasions to Jayachandra through Prashanth,” an official said.

According to ED officials, the accused used various methods to exchange the banned notes. Several bank account holders used to withdraw Rs 24,000 in new notes, a limit fixed by the Reserve Bank of India (RBI). The accused used to get the exchange done through middlemen. The process would continue using such account holders, the official said.

The other method was through micro-finance institutions. The collection agents of such financial institutions would collect new notes from self-help groups but deposited only old notes in the bank accounts, since they enjoyed RBI exemption. The current account withdrawal limit of Rs 50,000 was also misused to swap demonetised currency.

Cashier arrested

The CBI on Thursday arrested Parashiva Murthy, head cashier of SBM, Kollegal branch, for allowing exchange of demonetised currency in violation of the RBI rules.

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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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News Network
December 15,2025

Mangaluru, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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