3 brothers from Dharwad held in UP for Rs 400-cr scam

May 31, 2017

Bengaluru, May 31: The Criminal Investigation Department (CID) sleuths have arrested three brothers, the prime suspects in a Rs 400-crore scam involving Harsha Entertainment Pvt Ltd (HEPL) based in Kalghatgi in Dharwad district.

scammer

Harsha Khasnis alias Satyabodha, Sanjeev Khasnis and Shrikant Khasnis were picked up from a hotel in Mathura in Uttar Pradesh on Sunday and were subsequently arrested. They were brought to Karnataka and produced before a court in Dharwad on Tuesday. The court remanded them in police custody for eight days for further interrogation. Brothers, who floated the HEPL, were on the run since April 11, 2017.

The Khasnis brothers were small-time moneylenders when they started the business in 2005. The business grew rapidly and they started taking deposits from the public. They collected more than Rs 400 crore from the public?by promising monthly returns of 7%. They said the money would be invested in the stock market and film production. Agents were hired to collect deposits from the public and were given a commission. A large number of people, including government employees, from Dharwad, Belagavi, Uttara Kannada, Gadag, Haveri, Vijayapura and Davangere districts had invested in the firm. Some of the depositors had even taken loans for investing in HEPL.

The brothers invested in 10 films. Their plans went well till the demonetisation in November 2016. Post-demonetisation, they found it difficult to manage their business. So, they called a meeting of investors and sought time for making the payments.

The trio wound up the company on April 11 and vanished with investors' money and documents. The victims filed complaints with the Kalghatgi police who registered cases under IPC sections 120 (b) (criminal conspiracy), 406 and 408 (criminal breach of trust), 420 (cheating) and Section 9 of the Karnataka Protection of Interest of Depositors in Financial Establishments Act, 2004 (Fraudulent Default by Financial Establishment).

The police arrested four employees of HEPL, Ramachandra, Vadiraja, Mahesh and Shambulingha, after a case was registered.

Considering large sums of money involved in the scam, the government handed over the case to CID to ensure justice to victims. The police conducted searches in parts of Uttar Pradesh and Delhi to nab the trio.

Now, the CID sleuths have requested victims cheated by the trio to contact the CID (9480800184/ 94808-00103/[email protected]) and share the details.

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News Network
December 3,2025

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Mangaluru, Dec 3: A group of Congress workers gathered at the Mangaluru International Airport on Wednesday to welcome AICC general secretary K C Venugopal, but the reception quickly turned into a display of support for Deputy Chief Minister D K Shivakumar.

Venugopal arrived in the city to participate in the centenary commemoration of the historic dialogue between Mahatma Gandhi and Narayana Guru. The event, organised by the Sivagiri Mutt, Varkala, in association with the Mangalore University Sri Narayana Guru Study Chair, is being held on the university’s Konaje campus.

KPCC general secretary Mithun Rai and several party workers had assembled at the airport to receive Venugopal. However, the moment he stepped out, workers began raising slogans backing Shivakumar.

The university programme will be inaugurated by Chief Minister Siddaramaiah.

This show of support comes just a day after Siddaramaiah remarked that Shivakumar would lead the government “when the high command decides.” The chief minister made the comment after a breakfast meeting at Shivakumar’s residence—another public display of camaraderie between the two leaders amid ongoing attempts by the party high command to downplay their leadership rivalry.

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News Network
November 30,2025

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Udupi: The pontiffs of Sri Paryaya Puttige Mutt, the sacred seat of Jagadguru Shrimad Madhvacharya Moola Samsthanam, have submitted a proposal to the Prime Minister seeking comprehensive development for Udupi district. 

Proposal for International Airport

A key request is the establishment of an international airport. Highlighting that around 1,000 acres of land are available and suitable, the pontiffs noted that the existing Mangalore Airport provides limited international connectivity. They suggested the airport be developed under a Public-Private Partnership (PPP) or as a Greenfield Airport to boost trade, education, healthcare, and spiritual tourism.

Metro and Rapid Transit Connectivity

The proposal also calls for Metro Rail or Rapid Transit between Mangaluru and Udupi. The 55 km coastal stretch experiences heavy daily commuter traffic, causing congestion. The district administration is ready to prepare an initial project report for a Mass Rapid Transit corridor and requested inclusion under national urban mobility programmes to ensure safe, green, and time-efficient regional transport.

Port and Coastal Development

The pontiffs urged the development of an international-standard port with a cruise terminal along Udupi’s coast. They also requested fast-tracking of pending coastal tourism projects and revising Coastal Regulation Zone (CRZ) norms to encourage sustainable infrastructure and hospitality investment.

IT, AI and Technological Infrastructure

Support was sought for an IT and AI Innovation Park with incubation facilities under Digital India and Startup India initiatives. The proposal also emphasized the need for strengthened data security and cloud computing infrastructure to boost India’s technological independence.

Sports and Education Initiatives

The pontiffs requested national sports status for Kambala, along with financial and infrastructure support. They also sought the establishment of an AIIMS in Udupi, a new IIT campus, and approval for an IIM to promote higher education in the district.

Representation to the Prime Minister

Sri Sugunendra Tirtha Pontiff and Sri Sushrendra Tirtha Swamiji represented the pontiffs in submitting the comprehensive development proposal to the Prime Minister during his recent visit.

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coastaldigest.com news network
December 2,2025

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Udupi, Dec 2: A wave of regional pride is sweeping through Udupi district as Shagun S Verma Hegde, a talented Class 9 student from Christ King English Medium High School, Karkala, has been named the captain of the Indian National Team for the Under-15 Girls’ Volleyball Championship.

Shagun holds the unique distinction of being the sole player from Karnataka selected to represent the country in the prestigious international tournament. The championship, organized by the School Games Federation, is scheduled to take place in Shangluo, China, from December 3 to 13, where Shagun will lead the national squad.

A Remarkable Journey to the Top

Shagun’s selection is a testament to her dedication and exceptional skill on the court. Her journey included several rigorous rounds of selection:

•    She was the only player from Udupi district to qualify for the state-level selection camp.

•    Out of eight players from Karnataka who advanced to the national selection camp in Pune, Maharashtra, Shagun was the only one to secure a place in the final national squad.

•    The national camp saw participation from approximately 200 players, which was shortlisted to 23. Shagun not only made the final cut but was also ranked as the second-best player overall, solidifying her leadership role.

Shagun, who is the daughter of Sandesh Verma and Shruthiraj of Kallotte, Karkala, has trained under experienced coaches Santosh D’Souza, Jeevan D’Silva, Jairaj Poojary, and Ramesh. Her selection as the team captain has brought profound honour to her family, school, the Udupi district, and the entire state of Karnataka.

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