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Bengaluru News

The Siasat Daily

Bengaluru / The Siasat Daily

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Fake gold loan scam busted in Shivamogga; Kingpin Rahul arrested

Shivamogga: Police have busted a major fake gold loan racket in Shivamogga that allegedly cheated nationalised banks and cooperative institutions of lakhs of rupees by pledging counterfeit gold ornaments. Days after arresting one of the accused, Lokesh, Doddapete police have now apprehended the alleged kingpin, Rahul, while efforts are underway to trace the remaining accused. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

13 Jul 2026 11:23 am