Five held for cheating bank of gold loan by producing fake ornaments in Udupi district

The Udupi territory constabulary person arrested 5 persons connected the complaint of producing fake golden ornaments and availing themselves of a golden indebtedness from Karnataka Bank.

Based connected a ailment by the manager of Karnataka Bank’s Kattingeri branch, the Udupi’s Shirva constabulary connected October 30 registered 4 abstracted cases of cheating. Three peculiar teams headed by Kaup inspector Ajmat Ali were formed to hint the accused from Bengaluru, Goa, Mumbai, and New Delhi.

The constabulary gave the names of the accused arsenic Puneet Anand Kotian, Sudeep, Ranjan Kumar, H.K. Sarvajeet, and Rajesh Dileep Patil. The constabulary seized ₹4.3 lakh and a laser instrumentality utilized to enactment fake hallmark connected the ornaments, and a computer.

The constabulary said the accused were besides progressive successful akin cheating cases registered successful Udupi Town, Brahmavar, and Hiriyadka constabulary stations.

The accused were produced earlier the jurisdictional magistrate, who remanded them successful judicial custody, the constabulary said.