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Businessman killed and burnt for Rs 10 lakh new notes near Bengaluru

A person in possession of cash worth Rs 10 lakh in Rs 2000 denomination notes was killed and burnt by his four friends in Ramanagara district.

Published: 22nd December 2016 12:57 PM  |   Last Updated: 22nd December 2016 02:41 PM   |  A+A-

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Image used for representational purpose only.

By Express News Service

BENGALURU: A person in possession of cash worth Rs 10 lakh in Rs 2000 denomination notes was killed and burnt by his four friends in Ramanagara district. The accused have been arrested. 
 
Having called the victim- Satthar Ali, a resident of Kalanagar, Channapatna to a secluded spot near Tenginakallu forest area on the pretext of exchanging the new notes for old denomination currency, his four friends Altaf, Mohaib, Syed and Akbar, all residents of the same town, allegedly killed him, burnt his body and fled with Rs 10 lakh cash.
 
According to the police, the accused and the deceased had known each other for many years.
 
On December 16, the accused allegedly called Ali to exchange their old notes and offered a commission of 20 percent. Ali, who had new denomination cash was looking for persons who were ready to exchange money with old notes for the commission.
 
The burnt body was discovered by the locals on December 18, who informed police about the same. Police authorities who started the investigation learnt with the help of Call Detail Records that Ali and the accused had conversed several times before his body was discovered. The accused have confessed to the crime during an inquiry, police said.
 
Tension prevailed in front of Channapatna police station as members of Islamic community staged a demonstration and demanded the accused be killed. Ramanagara rural Police have registered a case and the accused have been sent to judicial custody.



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