Madrid: Real Madrid striker Cristiano Ronaldo will pay the money the Spanish Treasury demands if it withdraws its request for him to be given a prison sentence for an alleged tax fraud of 14.7 million Euros, Spanish media reported on Monday.

However, the Portuguese captain is not willing to admit he has committed any criminal offence..

The Treasury's petition last week for an eight year prison sentence for another former Real Madrid player, Xabi Alonso, for three cases of alleged fraud, totaling eight million Euros, provoked Ronaldo and his advisors to attempt to find a negotiated solution to the charges against him, rather than continuing to fight the case through the courts.

Until now Ronaldo, like Alonso, has strongly denied he committed fraud to avoid paying tax on earnings from image rights but his idea now is to offer the Treasury a "blank cheque" to avoid a prison term.

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Udupi: Udupi City Police have arrested two persons, including a woman, in connection with the alleged misappropriation of property tax funds belonging to the Udupi Municipal Council.

The accused have been identified as Shalini, who was working as a tax consultant outside the municipal office, and Ganesh, a bank employee.

According to police, Anand Suvarna had paid Rs 34,730 towards 12 years of property tax for his building in Kalmadi to Shalini on October 16, 2025. She reportedly issued him a receipt acknowledging the payment.

However, when Suvarna recently checked the status of the payment on the property tax portal, he found that the amount had not been credited and was still shown as pending. He then brought the matter to the notice of the Municipal Commissioner, who verified that the payment had not been recorded.

During questioning, Shalini allegedly admitted to the lapse. On February 16, 2026, she generated a new challan in Suvarna’s name and paid Rs 35,213 towards the dues.

Police said a case has been registered at the Udupi City Police Station against the accused for allegedly misappropriating tax money and defrauding the government by affixing the seal of Union Bank on the challan without remitting the amount initially received from the taxpayer.

Further investigation is under way.