Hi-tech and new age bikes theft case: Bike lifters held, bikes worth Rs 30 lakh recovered
Bengaluru, Oct 07: Bengaluru city police arrested three persons on charges of stealing hi-tech and stylish Royal Enfield bullets, KTM Duke and other bikes and recovered the bikes worth Rs 30 lakh, in the city.
The arrested are identified as Asmath Khan, Santosh alias Nagaraj Reddy and Manjunath. The police recovered 10 royal Enfield bullets, two KTM bikes, two Pulser, one Hero Honda, one Honda Dio worth Rs 30 lakh.
Bike theft cases were registered against them in Varthur, Sadduguntepalya, Tilak Nagar, Mico Layout police stations and the accused were handed over to judicial custody.
Under the leadership of inspector B. Ramachandra, Sub Inspector Nagesh G.N and staff Muniraju, Saddam Hussein Khaji, Suguresh, Manjunath, Nagappa Janagonda, Ayyanna, Sandeesh worked in arresting the accused.
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Insurance consultant loses Rs 71 lakh in cryptocurrency investment fraud
Thane (PTI): A 42-year-old insurance consultant from Mumbra in Thane district of Maharashtra was allegedly cheated of more than Rs 71 lakh by cyber fraudsters who lured him into investing in cryptocurrency trading, police said on Tuesday.
A case was registered against six persons at Mumbra police station under relevant sections of the Bharatiya Nyay Sanhita on charges of cheating and breach of trust. Nobody has been arrested to date.
The complainant, a resident of Kausa in Mumbra, alleged that the accused induced him to invest money in a firm, purportedly associated with a cryptocurrency platform, between August 2025 and March 2026.
He transferred Rs 71,60,015 through cash and online transactions at different times. However, the accused failed to return the invested amount and instead misappropriated the funds, a police official said.
