Ex-corporator 'owning' heaps of demonetised notes nabbed

Image
Press Trust of India Bengaluru
Last Updated : May 11 2017 | 8:58 PM IST
On the run since the police found piles of demonetised notes at his office and residence during its raids in a kidnapping case a month ago, former corporator V Nagaraj was finally arrested today from Tamil Nadu.
A Bengaluru police team arrested Nagaraj, popularly known as "Bomb Naga" and his sons Gandhi and Shastri from Arcot in Tamil Nadu today, said the officials.
All the three are now being brought to the city after the completion of formalities, they said.
Confirming the arrest on twitter, city police chief Praveen Sood said "Ex-corporator NagRaj arrested by a team led by East DCP Ajay Hilori. Well done team."
On April 14, police had stumbled upon Rs 14.80 crore demonetised Rs 500 and 1000 notes at the office and residence of Nagaraj while conducting searches at his premises in a kidnapping case.
They had also recovered two swords, five sickles, two baseball bats and several property documents.
Originally a history-sheeter, Nagaraj had managed to escape on the day of the raid and had been hiding at different places, the police officials said.
Even while hiding, he had managed to release some video tapes to select news channels recently, accusing some police officers and politicians of hatching "conspiracy" against him.
A city court had earlier rejected his anticipatory bail plea petition.
In 2004, Nagraj had unsuccessfully contested the assembly elections from the Gandhinagar constituency in the city on JD (S) ticket against Dinesh Gundurao, now the working president of the Karnataka Pradesh Congress Committee.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 11 2017 | 8:58 PM IST

Next Story