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Father-son duo held for cheating

Shivajinagar police on Tuesday arrested two persons on charges of cheating investors to the tune of Rs60 lakh.

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Shivajinagar police on Tuesday arrested two persons—TG Rami Reddy and his son Dinesh Reddy—on charges of cheating investors to the tune of Rs60 lakh.

Rami Reddy was running RDJ Sea Foods in Russell Market in Shivajinagar, along with his second wife Sridevi and sons Dinesh Reddy and Balaji Reddy, supplying fish to hotels in the city. They produced a Kannada film, casting Balaji in the lead role, but the movie flopped and they lost a huge amount.

To recover the loss, they hatched a plan and invited people to invest in their seafood business, assuring them of returns above the market rate. This way, they collected about Rs60 lakh from S Kumar, a film producer, and his wife S Sharada as well as H Kumar, a BBMP contractor, and his wife BM Danalakshmi. Though S Kumar and H Kumar signed partnership agreements with Rami Reddy, they never got any returns Reddy had promised. Subsequently, S Kumar filed a case and as per the court order, police arrested Rami Reddy and Dinesh Reddy.

Rami Reddy also owns a lodge, named RDJ, in Shivajinagar and brought girls from Bangladesh and Kolkata and forced them into prostitution, police said.

Booty worth Rs2 crore recovered
The East Division police of Bangalore have recovered stolen property worth Rs2.01 crore by arresting 84 persons over the past two months.

More than 130 cases were solved with the arrests. The recovered property includes 2.5kg gold jewellery, 1.6kg silver articles, 21 cars, 43 motorcycles, 26 laptops, 11 mobile phones and five computers.

With the 84 arrests, the police solved two cases of robbery, six cases of chain snatching, 31 thefts, vehicle thefts and four cheating cases, among others.

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