Builder Avinash Prabhu arrested for duping people of Rs 100 crore; Range Rover, Audi seized

News Network
January 4, 2019

Bengaluru/Mangaluru, Jan 4: A prominent entrepreneur hailing from Mangaluru has been arrested by the Central Crime Branch (CCB) for allegedly duping people of at least Rs 100 crore after promising to build flats for them.

The arrested is Avinash Prabhu, managing director of Skyline Constructions and Housing Pvt Ltd and Kalmane Koffee, a coffee shop chain. The police have recovered a Range Rover and an Audi car from him.

Police commissioner T Suneel Kumar said, “Avinash and his brother Dhiraj Prabhu collected crores of rupees from people saying they were constructing apartments at Hennur, Horamavu, Yelahanka and Mangaluru but deceived them.”

Kumar said, “He used to take customers to the location, show them around and collect a sum in advance. A few days later, he would pretend that the construction had begun and would again collect a large chunk of money but finally abandon the buyers. He neither repaid nor constructed the apartment.”

Christopher Regal recently filed a complaint with Hennur police claiming to have been duped by Avinash. CCB too received several complaints in this regard, following which Kumar transferred the probe to CCB. Additional commissioner of police (crime) Alok Kumar said after tailing him for a week, Avinash was arrested from his office on Lavelle Road on Thursday. Police have frozen 15 of his bank accounts and have launched manhunt for Dhiraj.

Police said the probe revealed that Avinash had collected at least Rs 100 crore from 200 people and bought five acres of land in Kengeri, 3 acres in Allalasandra, 3 acres in Hennur, 7 acres in Kanakapura, 8.5 acres in Mangaluru, half an acre in Chennai and invested money in Kalmane Koffee, which has 11 outlets in Bengaluru. He also has properties outside Bengaluru.

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Alex
 - 
Thursday, 7 Feb 2019

Is he still in jail, or is he out on bail?

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News Network
May 20,2020

Bengaluru, May 20: Karnataka Congress leaders held a protest against the state government against amending of APMC Act, at the premises of Vidhan Soudha here.

Few days ago, Karnataka Chief Minister BS Yediyurappa had said that the new amendment in the Agricultural Produce Marketing Committee (APMC) Act will substantially aid the farmers in getting remunerative price for their produce.

"Amendment will not dilute the powers of the work of the APMCs. All these marketing activities will be monitored by the Directorate of State APMC. This new amendment Act will benefit farmers in improving their income & suffering from losses due to market fluctuations," the Karnataka CM tweeted.

Yediyurappa further said that the amendment will indirectly help farmers in doubling their income by 2022.

"This amendment will indirectly help farmers in doubling their income by 2022. I want to clarify that we have not removed the APMC Act, we are only amending 2 sections of the APMC Act which enable farmers to sell their produce at the markets where they intend to," he tweeted.

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News Network
May 1,2020

Bengaluru, May 1: Former underworld don and real-estate baron Muthappa Rai was admitted to Manipal hospital in Bengaluru on Thursday.

As per sources, Muttappa Rai’s condition is said to be serious.

Muthappa Rai was diagnosed with brain cancer two years ago and had undergone treatment at hospitals in New Delhi, Chennai and Bengaluru.

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News Network
February 10,2020

Bengaluru, Feb 10: Two Iranian nationals have been arrested by the Karnataka police for allegedly stealing money from car showrooms by diverting cashiers’ attention in Mangaluru, Udupi and Bengaluru.

The arrested are Saeed Rostami, 26 and his friend Saber Hossein Eghbalzadeh, 35, are both residents of Tehran and in India on tourist visa. They were caught by the sleuths of Bengaluru’s RMC Yard police station.

The accused would approach the cashiers, asking for change for Rs 2000 notes to divert their attention and flee with cash from the showroom. 

The duo landed in New Delhi on January 16. Later, they arrived in coastal Karnataka before reaching Bengaluru on February 1. 

The same day around 4pm, the two visited Trident Automobile Pvt Ltd’s service centre in RMC Yard. They went to cashier Kiran and sought change for Rs 2000. One of them dropped the note and Kiran picked it up for him. Meanwhile, Kiran also noticed there was no change in his cash box and informed the duo accordingly. 

“Kiran later realised Rs 44,000 was missing from the cash box. He verified CCTV footage and found the two visitors stole the money when he bent down to pick up the Rs 2000 note,” a police officer said.

Kiran filed a theft and cheating case against the men. RMC Yard police suggested Kiran circulate the footage at other car showrooms and service centres as they had heard about similar incidents being reported from Udupi, Mangaluru and other places in Bengaluru.

“Sharing of CCTV footage helped us nab the suspects. They visited a showroom near Cauvery junction on Ballari Road on February 6. The staff noticed the duo and realised they were the same guys, who had stolen the money at RMC Yard and informed us,” said police.

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