Nephew, friend held for stealing Rs 28 lakh from 105-year-old

TNN
November 10, 2018

Bengaluru, Now 10: Residents of a Bagalkot village were surprised when two local youths turned spendthrifts overnight. Though jobless and lacking income, the duo binged on costly alcohol, hired cabs even for short distances and tipped lavishly, often up to Rs 100, at hotels and bars.

Mahalinga Yenkappa Malali, 20, and his friend Kallapa Lakkappa Meti, 28, were the most-discussed persons in Sanganatti village of Mudhol taluk. They were taking care of their relative Shivappa Allappa Ullageddi, 105, a landowner who lost his wife in February this year.

The centenarian, who’d no children, had leased out his 30-odd acres of land. Finding it difficult to manage things, Ullageddi sold the land for Rs 35 lakh in June this year and kept the money in his bedroom safe. Ullageddi had requested his younger sister Mahadevamma to send her son to look after him. Accordingly, she sent Malali and his friend, Meti, to Ullageddi’s house in July this year, police said.

The duo’s extravagance raised Ullageddi’s suspicion, who opened his safe and discovered that Rs 28 lakh cash was missing. “I had placed the cash bundles in four rows. The front row was intact. The last two were empty while the third row had only two bundles in it,” Ullageddi told police.

During interrogation, the duo confessed to stealing the Rs 28 lakh cash and returned it. “They had stolen it in October. We recovered Rs 26 lakh; the accused claimed they had spent the remaining Rs 2 lakh,” said police.

Both the accused were remanded in judicial custody and sent to Mudhol prison.

Comments

Joseph Stalin
 - 
Saturday, 10 Nov 2018

Nephew did crime, actually Nephew saved the money. After that ajja's life who will get that money. 

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News Network
February 8,2020

Bengaluru, Feb 8: The Department of Religious Endowments in Karnataka will undertake 'Ratha Yatras' in 110 major temples of the state, in order to inform the public about mass marriages, scheduled to be held on April 26.

The publicity campaign through Rath Yatra will be flagged off from Mookambika temple in Kollur of Udupi district from February 13.

The mass marriage programme 'Saptapadi,' would be held in 100 major temples of Muzrai department. The second phase would be held on May 24, Minister for Ports, Fisheries and Muzrai Kota Srinivas Poojary told newspersons here on Friday.

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News Network
January 11,2020

Bengaluru, Jan 11: India’s second-biggest IT company, Infosys Ltd, said it found no evidence of financial misconduct by its executives following a investigation into whistleblower complaints.

Bengaluru-headquartered Infosys, which earlier on Friday raised its revenue forecasts due to upbeat demand from Western clients, said an audit committee report exonerated Chief Executive Officer Salil Parekh and Chief Financial Officer Nilanjan Roy of all allegations, including accusations that the duo prevented employees from presenting data on large deals.

“I’m very happy that CEO Salil Parekh and CFO Nilanjan Roy have emerged from this stronger,” Infosys Chairman Nandan Nilekani told reporters. “The last two years since Salil has been here the company has changed dramatically for the better.”

Parekh took over as Infosys CEO in January 2018, after his predecessor Vishal Sikka quit following a public row with the company’s founder executives amid whistleblower allegations of wrongdoing.

The company earlier said it expected revenue to grow between 10 per cent and 10.5 per cent on a constant currency basis in the year ending March 2020, compared with its previous forecast of between 9 per cent and 10 per cent.

“We continue to see momentum in the market and we have an extremely robust pipeline driven by segment leaders,” CEO Parekh told a news conference.

“With the strength of large deal wins and digital momentum, we were able to clearly see that we have support to raise our guidance.”

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News Network
February 29,2020

Mysuru, Feb 29: More than 7,000 industrialists and entrepreneurs have left the country due to a deficit of trust, and incidents like the violence that rocked northeast Delhi will only affect the economy further, Sri Sri Ravi Shankar, founder of Art of Living Foundation, said on Friday.

Sri Sri was speaking at a corporate wellness conference on the theme, 'Wellness and Wellbeing for a Progressive Nation', hosted by CII in Mysuru. He said an atmosphere of fear and mistrust pervades the country and does not augur well for the economy.

"Bankers, too, are suspicious of everyone and not extending loans to industrialists. This has posed lots of problems," he said. "This attitude among bank officials should go as life depends on trust. When there is a deficiency of trust, there is a possibility of the economy slowing down," Sri Sri added

He said society is now facing two important issues - aggression and depression. "Some people stage protests and pelt stones which happened recently in Delhi. This is really unfortunate," he said, adding, "Fear lurks in the nation's capital, which is being used by many to create terror. This will affect the economy. No country will prosper without peace."

Wellness is the need of the hour, he said, adding, "Corporates used to spend half their health to gain wealth and spend half their wealth to regain their health. This isn't good economics. We have to talk and convince people to invest in wellness."

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