Bengaluru: Seven directors of a firm at the centre of an alleged financial fraud that left thousands of investors in the lurch here were apprehended Wednesday even as a 11-member special investigation team was formed by the Karnataka government to probe the case.

The seven were picked up from different locations, highly-placed sources in the police told PTI.

Earlier in the day, the state government announced the setting up of the 11-member SIT, days after owner of IMA Jewellers Mohammed Mansoor Khan went absconding after allegedly threatening to commit suicide in an audio clip.

Police, who have registered a case against IMA Jewellers and Khan, said they have formed teams to trace him.

Chief Minister H D Kumaraswamy tweeted on Wednesday, saying the SIT would be headed by Deputy Inspector General of Police B R Ravikanthe Gowda.

The other members of the team are Deputy Commissioner of Police (crime) S Girish, Additional Commissioner of Police of the Central Crime Branch Balaraju and deputy commissioners of police K Ravishankar, Raja Imam Kasim and Abdul Khadar.

The SIT will have five police inspectors too.

As the audio of Khan went viral, panicked investors, most of whom are Muslims, swarmed the IMA Jewellers office at Shivajinagar in thousands demanding action against the owner and directors.

The investors camped at IMA Jewellers' office for the third consecutive day Wednesday, waiting for some progress in the case and to build pressure on the police and the government to get their money back.

Meanwhile, Deputy Commissioner of Police Rahul Kumar Shahapurwad said so far about 13,000 complaints had been received against the firm.

Ten counters had been set up to receive further complaints, he added.

Khan in an audio clip which went viral on the social media purportedly said he was committing suicide as he was fed up with corruption. He also alleged the Shivajinagar Congress MLA Roshan Baig took Rs 400 crore from him and was not returning it.

Rubbishing the charge, Baig alleged his political adversaries had orchestrated the "series of events" to tarnish his character.

"After my recent political fallouts, some of my adversaries have made a full-fledged attempt at assassinating my character by orchestrating a series of events using underhand methods. The entire hit job has been carried out using a baseless, un-investigated audio recording," he tweeted.

Baig, who aspires for a ministerial position, had recently rebelled against his party and held former chief minister Siddaramaiah and state Congress president Dinesh Gundu Rao responsible for the party's poor show in the Lok Sabha election.

The Congress MLA urged the government to get the matter investigated by the National Investigation Agency (NIA) or the Central Bureau of Investigation (CBI).

He suspected the involvement of a Congress leader, who, he alleged, was sending people to mingle with the crowd gathered outside IMA Jewellers' office.

"I was informed that a good chunk of people seen at the protests outside IMA Jewels was mobilised to mix with the people who were actually aggrieved to intensify the situation by a politician who has been trying very hard to become the 'face of the community'," Baig tweeted.

The Bharatiya Janata Party (BJP) too demanded a CBI inquiry.

"Is the government not able to see the sufferings of the investors? Doesn't it have eyes, ears and a heart? It should get the accused arrested if it has the guts or else, it should hand over the matter to the CBI," BJP MLA Eshwarappa said.

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Bengaluru: Major Muslim organisations and federations in Karnataka have decided to organise a large public convention titled ‘Karnataka Muslim Convention’ at Town Hall in Bengaluru on May 16. During the convention, a comprehensive report reviewing the three-year performance of the Congress government under the theme “What did the Congress government promise? What did it do? What next?” will be released.

According to a statement issued on Friday, no politicians will be invited to the convention. The report will be submitted to the government and all MLAs after the event.

The convention is being held at a time when the Congress government is nearing the completion of three years in office on May 20. Muslim organisations have expressed dissatisfaction, alleging that despite extending strong support to the Congress in bringing it to power, the community is being neglected.

The Convention is being organised at time when there are concerns over inadequate political representation for Muslims, alleged neglect of community demands, and the suspension of senior Muslim leaders who had worked for the party for decades.

The organisers said the convention aims to raise questions on what the Congress government has delivered so far and what further steps are expected from the government.

The decision to hold the convention was taken during a meeting held on May 6 at A J International Hotel in Shivajinagar, Bengaluru. Representatives of major Muslim organisations, associations, ulema bodies, federations, and members of the ad hoc committee of Karnataka Rajya Muslim Okkoota attended the meeting.

More than 75 representatives and delegates, including senior ulemas, jamaat leaders, lawyers, retired officials, journalists and members of the KRMO ad hoc committee, participated in the discussions.

Members of the KRMO ad hoc committee’s report preparation team and experts from different sectors presented a detailed report on the Congress government’s three-year performance. The report examined promises made to Muslims on ten major issues, the extent to which they were fulfilled, pending promises, alleged discrimination in representation, and the demands now being placed before the government.

The report covered issues such as the hijab ban, reservation cancellation, hate speech and hate crimes, budget allocation, political representation, waqf matters, the anti-cow slaughter law, anti-conversion law, scholarships and educational grants.

Participants offered suggestions and recommendations on various points, and necessary corrections to the report were accepted after detailed discussions.

The meeting also reportedly expressed strong dissatisfaction over the manner in which the Congress government has treated the Muslim community. Participants are said to have opined that if the government and the Congress party continue in the same manner, the community should keep its political options open.

It was later decided that the report would be officially released at the large public convention on May 16 under the title “Karnataka Muslim Convention – What did the Congress government promise? What did it do? What next?”

The organisers appealed to people from all districts of the state to participate in large numbers and send a strong message to the government and the Congress party through the convention.

They also decided that all organisations, jamaats and associations should work towards ensuring participation from every district in Karnataka.

The statement reiterated that no politicians would be invited to the May 16 convention and that the report on the Congress government’s three-year performance would be submitted to the Chief Minister, Deputy Chief Minister, ministers and MLAs after the event.