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In a major fraud case, Ramakrishna Rao, a resident of Banashankari, Bengaluru, was arrested for allegedly luring a businessman to invest Rs25 crore in casinos in Sri Lanka. Rao’s son Rahul Thonse, who had previously been arrested in a sandalwood drugs case, is also implicated in the scam but remains at large, with police suspecting he may be hiding in Sri Lanka. Along with the family members, including Rao’s wife and daughter, the accused face serious charges under criminal breach of trust and violations of the Banning of Unregulated Deposit Schemes Act.
