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Bengaluru Businessman Says He and Driver Were Kidnapped and Rs 1.09 Crore Stolen

Police will verify CCTV footage, question the complainant and his associates, seek to identify seven suspects, probe whether the complaint was staged

Overview

  • The complainant, 41-year-old Shiva Shankar, says he and his driver were intercepted and abducted on Monday, June 15, after collecting cash in Yelahanka and later abandoned near Nelamangala.
  • Shankar alleges the gang forced the driver to fetch Rs 35 lakh from his home and took another Rs 74 lakh from the car, leaving a total loss of Rs 1.09 crore.
  • Madanayakanahalli Police have registered a criminal case under BNS Sections 140(2) for kidnapping and 310(2) for robbery and are checking CCTV and timelines as part of the probe.
  • Investigators have not made arrests and say they are questioning Shankar and his Andhra Pradesh associates while also examining his prior fraud-related complaints as a possible alternate explanation.
  • The complaint links repeated large cash handovers to a business venture named American Nuclear Resource Centre and raises wider questions about moving large sums in cash and the need for clearer records and security.