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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December 17,2025

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Melkar, Dec 17: The 17th Annual Day and Graduation Ceremony of Melkar Women’s PU and Degree College, themed “Fusion-2K25,” was celebrated with dignity and enthusiasm, marking a significant milestone in the institution’s academic journey. The programme reflected the college’s steadfast commitment to academic excellence, character building, and the holistic development of students.

The event was inaugurated by Mr. Asif Mohammed, whose presence greatly enriched the occasion. The celebration was further graced by the chief guests Mr. P. B. Ahmed Mudassir and Mr. Nissar Fakeer Mohammed, along with the distinguished guests of honour Mr. B. A. Nazeer and Mr. Ibrahim Gadiyar. In their inspiring addresses, the guests encouraged the graduating students and appreciated the dedicated efforts of the management, faculty, and students.

The annual report was presented by the Principal, Mr. Abdul Majeed S, highlighting the institution’s academic progress, notable achievements, and extracurricular accomplishments during the academic year.

The presidential address was delivered by the esteemed Chairman of Melkar Women’s PU and Degree College, Dr. Haji S. M. Rasheed, who emphasized the vital role of education in empowering women and shaping responsible citizens. He also stressed the importance of discipline, dedication, and perseverance in achieving success.

Cultural programmes and academic recognitions formed an integral part of the celebration, showcasing the talents and achievements of the students. The graduation ceremony was a proud moment for the outgoing students as they were formally conferred degrees and wished success in their future endeavours.

Ms. Mashmooma Fathima served as the Master of Ceremonies. The welcome address was delivered by Ms. Fathima Nida, and the programme concluded with a vote of thanks proposed by Ms. Ayisha Suhana.

The event successfully achieved its objectives and was highly appreciated by the guests and attendees.

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News Network
December 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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