Raid on former outlaw unearths Rs 15 cr in banned notes

April 15, 2017

Bengaluru, Apr 15: The city police raided the house and office of former history sheeter V Nagaraj in Srirampuram and seized nearly Rs 15 crore in demonetised currency on Friday.

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The police also recovered lethal weapons (swords and machetes) from his house.

The police initially thought the haul must be around Rs 30 crore, but after counting put the value at Rs 14.80 crore. The stash was hidden in a cot and home theatre furniture on the third floor of his office situated close to his house. However, Nagaraj gave the police the slip and escaped from the terrace.

Police suspect Nagaraj to be part of a larger currency exchange racket.

Investigations revealed that Nagaraj had contacts in Chennai, who helped him convert demonetised currency. The raids were prompted by a complaint lodged by a person identifying himself as N Umesh, at Hennur police station on April 7.

Umesh and 13 others were arrested, including Praveen Kumar, son-in-law of MLC Veeranna Mathikatti, by the Central Crime Branch (CCB) police in connection with a money exchange racket, on April 2.

Umesh alleged in his complaint that Nagaraj abducted him and robbed him of Rs 50 lakh in demonetised notes, along with gold jewellery.

The suspect had asked Umesh to meet him with the money for striking a real estate deal that Umesh was interested in. Tense moments marked the early morning raids behind Gandhi School in Srirampuram.

A posse of policemen surrounded the house and office of Nagaraj around 5 am. Relatives and supporters of the suspect objected to the raids.

Even after being shown a search warrant, Nagaraj’s wife, Lakshmi Nagaraj (an ex-corporator), obstructed, forcing the police to take her into custody. She also accused the police of planting cash in her husband's office. Nagaraj had stashed money collected from realtors, who wanted to convert their demonetised high value notes to legal tender, for a 30% commission. According to police, most of the realtors who approached Nagaraj for conversion were either threatened, robbed or extorted as he knew they would not lodge a police complaint.

East Division police along with CCB sleuths had to break open several locked rooms and secret lockers before stumbling on a cot and a home theatre at his office, bearing the name board Sneha Seva Samithi. Huge stash of demonetised money was stored in the cot and home theatre furniture. The police also roped in revenue officials during the ‘mahazar’.

Nagaraj's house was locked from the outside as well as inside, which made police suspect someone was inside the house. Sleuths in plainclothes kept a vigil for two days to track Nagaraj’s movements but in vain. Hence, they obtained a search warrant on Thursday and conducted the surprise raids.

Special team to nab Nagaraj

Apart from Rs 14.80 crore in demonetised currency, the police also seized two swords, four sickles and two baseball bats, besides documents pertaining to various properties. A special team has been formed to nab Nagaraj, who is suspected to be hiding in his farmhouse in Nelamangala.

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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 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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News Network
December 19,2025

Mangaluru: Public transport in Mangaluru is set for a state-led transformation as the government moves to deploy 100 new electric govt buses to replace unreliable private services. The initiative aims to provide a dependable alternative to private operators who have been frequently "cutting trips," leaving thousands of commuters stranded.

The announcement was made by Deputy Commissioner and MCC Administrator Darshan HV during a public phone-in session. The move specifically targets routes where private bus service has become erratic, ensuring that citizens no longer have to rely on a fluctuating private sector for their daily commute.

Restoring the Govt Presence

The transport crisis was brought to the forefront by Ramayya, a resident of Bajal, who highlighted a growing trend of private buses skipping morning and night trips. With the previous KSRTC (govt) services discontinued, residents have been left without a fallback option.

To fix this, the DC confirmed that the PM-eBus Sewa Scheme will bring 100 government-owned electric buses to the city:

•    Phased Deployment: The first 50 of the new 100 government buses are scheduled to arrive by March 2026.

•    State Infrastructure: Two new government depots, including one at Mudipu, are being prepared for operations.

•    Recruitment: The state has already begun training a new batch of government bus drivers to ensure the fleet is operational the moment it arrives.

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