Bengaluru (PTI): A software engineer in Bengaluru has allegedly lost Rs 48 lakh on "sexual wellness treatment" provided by a quack and it is also suspected the "medication" caused him kidney damage, police said on Sunday.
Based on a complaint filed by the techie, a native of Shivamogga, a case has been registered at Jnanabharathi police station on Saturday against the quack and a medical shop owner, officials said. They are also on look out for the accused in connection with the case.
According to police, the complainant had initially consulted at a multi-speciality hospital in Kengeri for sexual health problems and was prescribed medication, but on May 3, he saw a tent in the city, with an advertisement claiming to provide "quick cure" for sexual issues.
He visited the tent and met a person called Vijay Guruji, who assured a permanent cure to his problem through Ayurvedic treatment. After examination, Guruji, allegedly prescribed him a concoction called "Devaraj Booti", which he claimed was sourced from Haridwar, and was available at an Ayurvedic Shop in Yeshwanthpur.
The concoction was purchased by the complainant by spending Rs 1.6 lakh per gram, by paying cash, as digital mode of payment was not available, police said.
The quack subsequently prescribed the victim 15 grams of medicine named "Bhavana Booti Taila" priced at Rs 76,000 per gram. He then purchased 4 grams of another medicine called "Devaraj Rasabooti" priced at Rs 2.6 lakh per gram.
In total, the complainant has allegedly spent Rs 48 lakh on medication, for which he is said to have taken Rs 17 lakh from his wife and parents, bank loan of about Rs 20 lakh apart from borrowing from friends, police said.
"Despite spending so much money the victim did not find any improvement. He also got to know from the medical examination that his kidney was damaged allegedly due to the medicine he consumed," they said. When he asked Guruji about this, he warned the victim against discontinuing the medication stating that his health will fail, police added.
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Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
