Bengaluru, Jun 27 (PTI): A 33-year-old businessman was allegedly robbed of Rs 2 crore by a gang of unidentified men in M S Palya here, police said on Friday.

The incident occurred on the afternoon of June 25 when Shree Harsha V was attempting to convert the cash into cryptocurrency at a commercial building, police added.

Suddenly, a gang of six assailants barged into the premises, threatened him with knives, and fled with his money and four mobile phones after locking him and others inside the room, a senior police officer said.

In his complaint, the victim claimed he had borrowed the money from friends to import machinery to start his cold-pressed oil business.

He said the transaction was arranged at an office in the commercial building at M S Palya.

A case has been registered, and efforts are underway to identify and nab the accused, police said.

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Bengaluru: Chief Minister Siddaramaiah has said that officials concerned have been instructed to let the Kannada movie ‘Landlord’, which reflects social inequality and caste-based oppression, be exempted from payment of tax.

Referring to the Duniya Vijay-starrer, which was released on January 23, the CM posted on his Facebook account that films were an effective medium to reform society and shape public opinion by passing valuable messages to the viewers. “It is our moral responsibility as a government to stand with and support those who make socially concerned films,” he stressed.

Siddaramaiah added, “I believe that our decision will inspire people to make more films like ‘Landlord’ that shed light on the social system in the coming days.”