BELAGAVI: Four people have been arrested for trying to cheat each other over changing of black money to white, at Ashok Nagar, Tilakwadi, in Belagavi. The arrested are Shivalingaiah Ganachari (28), Sagar Killiket (32), Vinayak Nokare (27) of Ankali and Shivanand Munavalli.
Both sides had tried to deceit the other over changing of black money to white. One side had promised to give Rs 5 crore in white money for Rs 3 crore in black money. But they tried to cheat by giving children’s toy notes instead of real money, Police Commissioner Prakash Nikam said.
On other hand, the other side had attempted to deceive by sending a fake message which said Rs 3 crore had been transferred through RTGS. The CCB police, under the leadership of Sub-Inspector Manjunath Bhajantri, conducted a raid while the fake toy money was being collected and arrested four accused from both sides, the police commissioner said.
After striking a deal, one side has sent a video placing Rs 500 notes on children’s toy notes. In return, Shivanand Munavalli had sent a fake bank statement, claiming that RTGS transfer was made. The police have seized the toy money, an air gun and other items worth Rs 35,000 from the arrested. A case has been registered at the Tilakwadi police station.
