Latest news with #AKEnterprises
Time of India
a day ago
- Time of India
Rs 2 crore dacoity victim in Bengaluru turns out to be mastermind, in custody
Bengaluru: A sensational Rs 2 crore dacoity case in MS Palya took a dramatic twist after police uncovered that the man who claimed to be the victim was, in fact, the mastermind behind the operation. Sriharsha V, 33, a resident of Kengeri Satellite Town and a BE graduate involved in stock trading, had filed a complaint with Vidyaranyapura police on July 14 stating that a gang of armed men had robbed him of Rs 2 crore at a shop in MS Palya. He claimed the money was borrowed from multiple people to fund a cold-pressed oil business and purchase machinery from Germany. To convert the cash into cryptocurrency, he said he sought help from friends who introduced him to a chain of middlemen. The transaction was set up at a shop named AK Enterprises, where, according to Sriharsha, a group of seven men stormed in, assaulted him, and fled with the money. Police inspector Shivaswamy CB found inconsistencies in Sriharsha's story. When asked to provide details of his lenders, he faltered. Probe revealed the money didn't belong to him at all, it was owned by electrical goods businessman Bharath, who had approached Sriharsha to convert it into USDT cryptocurrency. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ready for a Glow-Up? [Get Your Reading Now] Undo Glow-Up Packages from $15 [Sign Up] Undo Affect Your Future Now! (Book Today) Undo Instead, Sriharsha masterminded a staged robbery to pocket the sum, police found out. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Police soon contacted Bharath, who confirmed the money was his. Bharath's employee, Shantha Kumar, later filed a complaint, shifting the case from a dacoity to an elaborate fraud. Police uncovered a racket where Sriharsha and his associates targeted businessmen looking to invest in cryptocurrency, took their money under the pretext of conversion, and fled. Police arrested 15 people, including Sriharsha. The accused include Benjamin Harsha, 45, a taxi service agent; Rakshit M alias Appu, 29, a dry fruit trader; Chandrashekar HS, 58, a garment firm manager; and several others from Vidyaranyapura, KR Puram, and Chamarajpet. Four suspects are absconding.
Indian Express
28-06-2025
- Indian Express
Bengaluru businessman robbed of Rs 2 crore cash while attempting conversion to cryptocurrency, 2 arrested
A gang of six to seven miscreants allegedly robbed a Bengaluru businessman of Rs 2 crore in cash while he was trying to convert it into cryptocurrency recently. The businessman, Sriharsha V, 33, who operates a firm called Aerivon Oxygen Pvt Ltd in west Bengaluru, was allegedly robbed at the premises of A K Enterprises, a private firm, where he had arrived on Wednesday afternoon to convert the cash into USDT cryptocurrency through a contact provided by his associates. According to the police complaint filed by the businessman, he was seeking to convert the cash to facilitate the purchase of a machine from Germany to start a cold-pressed oil business. He was reportedly informed by some of his associates to contact a man called Benjamin Harish to facilitate the conversion of the cash to the USDT cryptocurrency. Following an interaction with Harish, Sriharsha was asked to come to the office of A K Enterprises at MS Palya in Vidyaranyapura police limits. The complaint further stated that when Sriharsha arrived at the office of A K Enterprises in the company of his two associates, he was met by Harish and his associate Rakshit. While they were counting the cash with a counting machine brought by Harish, a group of six to seven people allegedly barged into the office with knives and took away the Rs 2 crore cash and phones of the businessman and his associates. The gang allegedly locked the businessman, his associates, and the currency conversion agents in the office. According to the complaint, the alleged money converter Harish and his associate Rakshit fled the crime scene when the shutter of the office was opened to free the businessman and the others. The Vidyaranyapura police have lodged a case of dacoity under section 310 (2) of the Bharatiya Nyaya Sanhita. The police have taken Harish and his associate into custody for questioning after they were named as suspects in the case by Sriharsha. The source of the Rs 2 crore cash, which Sriharsha claimed to have borrowed to start the cold-pressed oil business, is also being investigated.
Time of India
26-06-2025
- Time of India
Businessman robbed of Rs 2 crore while attempting to convert cash to cryptocurrency in Bengaluru
Bengaluru: A businessman, who was trying to convert cash into cryptocurrency, was attacked by a seven-member gang and robbed of Rs 2 crore in MS Palya near Vidyaranyapura Wednesday evening. The victim is 33-year-old Harsha V, a resident of Kengeri and owner of a brokerage firm, Aerivon Oxygen Pvt Ltd in Kengeri Satellite Town. He told police that he had taken Rs 2 crore loan to start a cold-pressed oil business and was planning to procure machinery from Germany. He decided to convert the cash into cryptocurrency and had informed his friends Prakash Agrawal and Rakshit about it. They, in turn, introduced him to a person named Narayana Bharath, who referred him to one Benjamin. Harsha called Benjamin over the phone and asked him to convert Rs 2 crore to cryptocurrency. Benjamin told him to get the money to MS Palya Circle. Accordingly, Harsha and his friends Nagendra and Shanta Kumar reached the location with Rs 2 crore by 3pm. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Benjamin took them to a shop AK Enterprises, where he and two other people known to Benjamin received the cash and counted it with a cash counting machine. Around 4.30pm, a gang of six to seven people barged into the shop, threatened him with knives and asked them to part with the money. When he resisted, he was attacked. The gang snatched the money and his mobile phone. The miscreants locked everyone into the shop and escaped. Subsequently, Harsha, Benjamin, and his friends opened the shutter and came outside. Harsha was shocked as Benjamin and his friends also ran away. Harsha suspects Benjamin and his friends' involvement in the dacoity. A case under the BNS section 310 (dacoity) has been registered at Vidyaranyapura police station.
