P Karthikeyan, 60, son of former Shivajinagar MLA Palaniappan, was arrested with six others: Swaroop, 24; Manikantha, 25; Suman KV, 27, and Abhilash, 27, from Bengaluru, and R Karthik, 34, and Prabhu M, 30, from Tamil Nadu.
Karthikeyan, pretending to be ‘KK Shetty’, had told the businesswoman, Indira, that he was a minister and he could help her get a Rs 100 crore loan from the government. He collected a commission of Rs 1.1 crore in advance and never helped her get the loan. “Interestingly, the deal was struck in a chamber belonging to a minister in Vidhana Soudha,” police said, without naming the minister.
The commission was paid at a city hotel on MG Road on January 2, while the initial talks happened at another hotel near Raj Bhavan. “To gain Indira’s trust, the other arrested men posed as Karthikeyan’s bodyguards. He even managed to hold a meeting in a minister’s chamber by bribing a Vidhana Soudha employee, who is yet to be arrested,” police said.
Investigators said Karthikeyan with the help of his associates borrowed a spare car from the legislative house, bearing a Government of Karnataka board.
Crooks did 1 month of homework
Karthik and Prabhu, the duo from Tamil Nadu, worked for nearly a month before identifying Indira as their target. “Once they got in touch with her, they posed as government officials and even checked her income tax credentials and evaluated her properties, which made her believe they worked in the government,” police said.
How they got trapped
While the accused collected cash from Indira and fled, police discovered they had carried out one bank transaction for bond papers. Indira had sent Rs 50,000 to Prabhu, a temple trustee in Karur, TN. When police caught him, he narrated the whole plot but didn’t know names of the other accused. Police checked his call records and nabbed the accused from a Karur house they were staying in.