Udupi, Feb 19: The police arrested a man on the charge of cheating and extorting Rs 6 lakh and valuables estimated at Rs 1 lakh at Hengavalli village coming under Shankarnarayana police station limits in Kundapur taluk near here on Thursday.
According to the Shankarnarayana police, the accused, Manjunath Poojary, along with another person, convinced Shankarnarayana Adiga, a resident of Hengavalli, on December 28, 2015, that they would pay twice the amount of the money deposited with them.
Mr. Adiga believed them and gave Rs. 30,000 and Rs. 25,000 in two installments to the two persons.
After some time, the two again asked money from Mr. Adiga, who refused to give them any money.
The accused then threatened Mr. Adiga and took away Rs. 5.45 lakh in cash and ornaments worth Rs. 1 lakh from him.
On a complaint by Mr. Adiga, the police arrested Manjunath Poojary at Hengavalli near here on Thursday. The other person, who is yet to be identified, is absconding, the police said.
A case under Sections 420 (cheating) and 384 (extortion) of Indian Penal Code has been registered at Shankarnarayana police station. Investigation is on, the police said.

The kidnapped schoolboy was rescued by the police and reunited with his parents. Son of a gift shop owner from Basavanagudi area in Bengaluru, Chirag has reportedly told police that decided to make some quick money to spend on cricket betting and gambling after learning kidnap tricks from the ‘Crime Patrol’. According to police, Chirag reached a private school around 3pm on Tuesday on a Bounce rental bike and zeroed in on a fourth standard student who was walking out of school. He told the boy he was his father's friend and that he required help to search for a relative who had gone missing. The boy believed Chirag and rode pillion on the bike. Chirag then engaged the boy in conversation and learnt about his father's business and got his mobile phone number. He then made a call to the boy's father, demanded Rs 5 lakh and warned him against approaching cops. However, the boy's father alerted Cottonpet police and special teams were formed to crack the case. While Cottonpet inspector Venkatesh TC's squad verified CCTV footage in and around the school, Chamarajpet inspector BG Kumaraswamy's team started tracking the suspect's mobile phone movements. An hour later, the suspect's location was traced to a hotel on the Lavelle Road-St Mark's Road stretch. Police rushed there, rescued the boy and arrested Chirag.
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