CCB raids Nitesh Shetty’s real estate firm accused of cheating 50 customers of Rs 120-cr

News Network
April 5, 2019

Bengaluru, Apr 5: Nitesh Estates Limited, a real estate company, is in the dock for allegedly duping as many as 50 customers of Rs 120 crore after promising delivery of villas and residential apartments. The Central Crime Branch (CCB) has raided the company’s corporate office on M.G. Road.

The raids were the fallout of a series of complaints of cheating by the firm’s chairperson and managing director Nitesh Shetty and the firm’s executive director Vaidyanathan L S.

Sources in the Bengaluru police revealed that several people had filed cheating complaints against the proprietors of the firm at the Halasuru police station. With several others also filing complaints on similar grounds, City Police Commissioner T Suneel Kumar had ordered the transfer of the case to CCB a few days ago.

Confirming the raids on the Nitesh Estates’ office, the police commissioner said: “The CCB team had raided the office and seized documents pertaining to the firm’s various projects. We are further examining the documents as part of the investigation.”

According to the complaints, several people had invested in the firm to purchase villas and flats promoted by the company. “We have not made any arrests in the case yet as we are verifying the documents and other evidence to establish a link as alleged by the complainants,” Kumar added.

Chaitanya Shiroor, a resident of Jakkur, had alleged in her complaint that the firm had promised villas as part of its projects at Yelahanka and mopped up Rs 120 crore from over 50 people. However, the firm failed to deliver on its promise, her complaint stated.

Similarly, another resident from Kadugodi, Mahesh M S, complained that he had paid Rs 3.52 crore for a villa between 2014 and 2016.

“Nitesh Shetty and Vaidyanathan had promised to hand over a flat by 2014 and even five years after the agreement, they have not given me a flat,” alleged yet another investor from Vidyaranyapura, Nandakumar P T.

Clarifying on the charges by several investors, a Nitesh Estates spokesperson said: “An FIR against the company is frivolous. The company is settling the matter and will be making payments to the parties concerned soon.” The spokesperson has also clarified that Nitesh Estates has also filed counter-complaints against those who had protested in front of the office in Halasuru.

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News Network
December 1,2025

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Udupi, Dec 1: A horrific case of alleged rape has unfolded in Udupi, where a worker from a Hindutva organisation, previously arrested and released on bail for harassing a young woman, is now accused of waylaying and sexually assaulting her.

The arrested individual has been identified as Pradeep Poojary (26), a member of the Hindu Jagarana Vedike's Nairkode unit in Perdur.

Poojary had allegedly been relentlessly harassing the young woman, pressuring her to marry him. When she bravely stood up to him and refused his demands, she filed a formal complaint at the Hiriyadka police station. He was subsequently arrested in that initial harassment case but was later granted bail.

According to police reports, driven by the same malicious grudge, Poojary allegedly intercepted the woman again on November 29. While she was walking through a deserted area, the accused is claimed to have threatened her by grabbing her neck. When she again refused to marry him, he allegedly proceeded to rape her.

The survivor immediately informed her family about the traumatic assault. Following this, her parents lodged a complaint at the Udupi women’s police station.

Police arrested Poojary again and produced him before the court. He has since been remanded to judicial custody.

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News Network
December 5,2025

Mangaluru: In a significant step to curb online hate and intimidation, Mangaluru City Police have registered a suo motu case against multiple Instagram accounts accused of circulating alleged provocative and threatening content.

While monitoring social media activity on Tuesday, Kankanady Town PSI Anitha Nikkam identified the Instagram handle ‘team_targetttt_900’ for posting a hate message alongside images of lethal weapons. Another account, ‘team_nagara_900’, allegedly shared a threatening post targeting activist Bharath Kumdelu, tagging additional pages such as KARAVALI-OFFICIAL.

Several other accounts — including ‘immu_bhai.fan’, ‘target_boy_900’, ‘kings_of_manglore’, ‘team_target_boys.900’, ‘arshad_mangalore’, ‘target_ka19_ullal’, ‘team_target__’, ‘troll_tigersz_900’, ‘tr_group_900’, and ‘team_target_900’ — are also under scrutiny for spreading similar inflammatory material, police said.

Authorities have urged citizens, especially young social media users, to report suspicious pages and avoid engaging with groups that glorify violence or threaten individuals. Online hate can quickly escalate into real-world harm, and police stress that sharing or promoting such content can attract legal consequences.

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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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