News Karnataka
Thursday, April 25 2024
Bengaluru

Six-member gang dupes realtors

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Bengaluru: Two realtors in the city, who were desperately trying to exchange old currency notes through middlemen, lost Rs 80 lakh in an elaborate con.

According to the police, the realtors Shivraj and Satish approached a man, identified as Karthik, who promised to give them new currency for a 20 per cent commission. As per the deal, Karthik, along with six of his associates, went to Satish’s house in JP Nagar on Thursday and collected Rs. 80 lakh in notes of Rs. 500 and Rs. 1,000 denominations.

Karthik allegedly asked Satish and Shivraj to accompany his men who would hand over the new currency to them. While the gang rode in their bikes, Satish and Shivraj followed in a car.

The gang led the realtors to an isolated location where they informed the duo that they were CCB officials. They threatened them with punishment for hoarding black money and drove away in the car of the realtors.

JP Nagar police have registered a case and are investigating.

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