Cash van heist: Cops arrest three; only Rs 6.3-cr recovered

[email protected] (CD Network)
May 16, 2017

Mangaluru, May 16: After five days of rigorous manhunt, the sleuths of Mangaluru police and the Kodagu district crime intelligence bureau managed to arrested three persons in connection with the Rs 7.5 crore heist and recover Rs 6.3 crore from them.

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However only two of the three employees of a cash logistics company, who reportedly drove off with Rs 7.5 crore from Mangaluru instead of transporting it to the Axis Bank’s Koramangala branch in Bengaluru on May 11, were caught on Tuesday. The third arrested is the one who helped the trio.

Police zeroed in on the accused at Kumbaragadige, 20km from Somwarpet in Kodagu, on Tuesday. The arrested are Karibasappa, 24, a resident of Chitradurga, Poovappa, 38, gunman, and Kariappa, 46, a local who helped the accused hide the cash and made arrangements for their stay at Kumbaragadige. Another guard, Basappa, is on the run.

Karibasappa, Poovanna and Basappa worked for the cash logistics company, Sis Prosegur-Holdings. Poovanna’s younger brother, Bheemaiah, an office assistant in the Bengaluru branch of the company who went missing after the heist, remains untraceable.

The men had left Axis Bank’s currency chest at Yeyyadi in Mangaluru in a Mahindra Bolero at 8.30 am on May 11 but didn’t reach Bengaluru even the next morning. The vehicle was found abandoned at Arasu Kallahalli in Hunsur taluk of Chamarajanagar district on the evening of May 12.

Mangaluru Police Commissioner M Chandra Sekhar told journalists what happened next. The men went to Somwarpet by public transport and then reached the Pushpagiri Wildlife Sanctuary at Kumbaragadige with Karyappa’s help.

A special police team, led by ACPs Shruthi N S and Valentine D’Souza, looked for them in Bengaluru, Madikeri, Mysuru and Chitradurga. The crucial lead came when a man named Girish made a call to the mobile phone of one of the suspects. The phone’s location was Somwarpet.

Around 50 police personnel reached Somwarpet two days ago and managed to catch the suspects who had buried the cash in the forest and were camping in a tent nearby. Chandra Sekhar clarified that no bank staffer was involved in the heist, though the role of Parashuram is being verified. Police are now searching for the remaining cash — Rs 1.2 crore — and believe it could be with Bheemaiah and Basappa.

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News Network
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: 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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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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