Millionaire in Disguise! Police Bust Moneylender’s Hidden Fortune of Cash & Gold

Update: 2025-02-13 06:07 GMT

Gadak (Uttam Hindu News): Police has achieved a big success in Gadak, Karnataka. Police has recovered cash worth about five crore rupees and 992 grams of gold from a house. It is being told that Karnataka police raided the house of Yallappa Miskin, who lends money on interest. Cash worth four crore 90 lakh, 98 thousand rupees has been seized in the raid. Apart from this, 992 grams of gold has also been seized.

The police have also arrested six people including moneylender Yallappa Miskin. Gadak SP B.S. Nemagowda said that the police raided 13 places in two days. Cash and gold were seized during this operation. Apart from this, many documents were also seized.

According to SP B.S. Nemagowda, the police seized 65 litres of illicitly stored liquor along with 650 bonds, four bank ATMs, nine bank passbooks and two LIC bonds.

According to the police, a complaint was filed against Yallappa Miskin. According to the complainant, he had taken a loan of Rs 1.90 crore from Yallappa and paid back Rs 1.4 crore. Only Rs 50 lakh was to be paid.

The complainant alleges that even after paying off a lot of debt, Yallappa threatened him and got some of his property transferred in his name. The accused also harassed the complainant by misusing the bank cheques and financial bonds given by him, following which he lodged a complaint with the police. At present, the police have arrested all the accused and are taking further action.

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