Udupi family suicide case: 2 bank officials arrested over fake gold pledging

coastaldigest.com news network
July 18, 2017

Udupi, Jul 18: Two persons have been arrested by the police for allegedly cheating the Innanje Cooperative Agricultural Bank to the tune of Rs 64 lakh at Innanje village in Udupi district.

padubelleaccused

It may recalled that Shankar Acharya (50), his wife Nirmala Acharya (45), their daughters, Shruthi Acharya (24), an MBA graduate, and Shreya Acharya (21), an MCA student, had allegedly committed suicide in their house in Padubelle on the morning of July 13. Shankar Acharya owned a jewellery shop in Padubelle.

K.T. Balakrishna, Superintendent of Police, said that the cops had arrested two persons – Umesh Amin, Manager of the Bank, and Umesh Acharya, gold ornaments appraiser of the bank – for colluding with Shankar Acharya and cheating the bank.

Shankar Acharya had deposited 2.7 kilograms gold ornaments with the bank in 92 transactions, and had taken loans to the tune of Rs. 64 lakh on these ornaments.

On examination, the bank found that except for 150 grams of gold, the rest were silver ornaments for which gold plating had been given.

Shankar Acharya got information about this on the afternoon of July 12. “Hence, the fear that this scam would get exposed might have prompted him to take the extreme step of suicide on the morning of July 13. But this would have to be established by investigations. Whether he poisoned his family members or it was a joint action too needed to be investigated,” Mr. Balakrishna said.

A case has been registered against Amin and Umesh Acharya based on a complaint given by the managing director of the bank.

Based on the complaint, both were arrested and produced before the court here, which remanded both in judicial custody for 14 days, Mr. Balakrishna said.

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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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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: In a decisive move to tackle the city’s deteriorating sanitation infrastructure, the Mangaluru City Corporation (MCC) has announced a massive ₹1,200 crore action plan to overhaul its underground drainage (UGD) network.

The initiative, spearheaded by Deputy Commissioner and MCC Administrator Darshan HV, aims to bridge "missing links" in the current system that have left residents grappling with overflowing sewage and environmental hazards.

The Breaking Point

The announcement follows a high-intensity phone-in session on Thursday, where the DC was flooded with grievances from frustrated citizens. Residents, including Savithri from Yekkur, described a harrowing reality: raw sewage from apartments leaking into stormwater drains, creating a "permanent stink" and turning residential zones into mosquito breeding grounds.

"We are facing immense difficulties due to the stench and the health risks. Local officials have remained silent until now," one resident reported during the session.

The Strategy: A Six-Year Vision

DC Darshan HV confirmed that the proposed plan is not a temporary patch but a comprehensive six-year roadmap designed to accommodate Mangaluru’s projected population growth. Key highlights of the plan include:

•    Infrastructure Expansion: Laying additional pipelines to connect older neighborhoods to the main grid.

•    STP Crackdown: Stricter enforcement of Sewage Treatment Plant (STP) regulations. While new apartments are required to have functional STPs, many older buildings lack them entirely, and several newer units are reportedly non-functional.

•    Budgetary Push: The plan has already been discussed with the district in-charge minister and the Secretary of the Urban Development Department. It is slated for formal presentation in the upcoming state budget.

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