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Sivanandbaba held in Bangalore, lifestyle thwarted

Fri, Jun 17, 2016, 01:09 PM
Sivanandababa, who made good his escape with Rs 1.3 crore worth cash and kind from the owner of Lifestyle in Hyderabad, has been arrested by the Task Force Police of the city in Bangalore.

The police have charged him with cases under IPC sections 307, 420 and 379.

Along with Siva, Baba's real name, three others have been taken into custody and are being interrogated.

Lifestyle owners, Madhusudan Reddy and his son Sandesh Reddy, who are undergoing treatment in the Apollo Hospital, have been interrogated by Banjara Hills police ACP Udaykumar.

Siva, the con man, had told the Lifestyle owner that he would double the money. He first doubled Rs 1.5 lakhs into Rs 3 lakhs. Having been convinced, Siva was given Rs 30 lakhs to double. The con man made good his escape with the cash and gold ornaments in all worth Rs 1.3 crore. He went straight to Bangalore, where he was arrested.
Agency: Ap7am Desk

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