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Probationary PSI, constable among four arrested for extorting Rs 1.7 cr from manSiddarooda Bijjannanavar, probationary police sub-inspector (PSI) at Madiwala station; constable Allabhaksh Karjagi; and former home guard Raj Kishore were arrested by the Economic Offences Wing of the Central Crime Branch (CCB).
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<div class="paragraphs"><p>Representative image of arrest.</p></div>

Representative image of arrest.

Credit: iStock Photo

Bengaluru: Three people, including a probationary police officer and a constable, have been arrested for kidnapping a man from HSR Layout and extorting from him an estimated Rs 1.7 crore, including 1.7 lakh of USDT cryptocurrency. 

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Siddarooda Bijjannanavar, probationary police sub-inspector (PSI) at Madiwala station; constable Allabhaksh Karjagi; and former home guard Raj Kishore were arrested by the Economic Offences Wing of the Central Crime Branch (CCB). 

According to officials, six people abducted VS Karthik, a director of a digital marketing company, in a car on July 25 from his home in HSR Layout. From the abductee, the suspects transferred cryptocurrency worth Rs 1.41 crore and Rs 20 lakh from the bank. A case was registered at the Kadugondanahalli police station. 

The Economic Offences Wing, which took over the case, arrested the suspects on November 15, sources said. A probe is on to identify and nab the others involved, the sources added.  

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(Published 21 November 2023, 03:39 IST)