Kundapur: In an incident of murder that reportedly occurred on July 30, a financier was violently killed by criminals wielding deadly weapons at his workplace in the late hours of Friday at Kaalavara near Koteshwar. 

The murder victim has been identified as Ajendra Shetty (33), a resident of Yadadi Matyadi Koodal. Police have speculated that the motive behind the murder could be related to finance undertakings. 

Reportedly, Ajendra Shetty had been operating a financial institution named Dream Finance under partnership for the past 5 years. On Friday night, when he did not return home, his family and friends set out to search for him and found him in a murdered state at his office, it is learned. 

SP Vishnuvardhan and senior Police officials visited the murder site, and a case has been registered in this regard at the Kundapur rural police station.

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Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.

The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.

Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.

The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.

Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.

The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.