The Kavoor police have arrested three individuals for allegedly pledging imitation gold as genuine and defrauding a cooperative society to the tune of Rs6.24 lakh.
The accused have been identified as Harif Abubakkar (39), a resident of Aakash Bhavan; Mahammed Ashiq Kattathar Hussain (34), from Nanthoor Bikarnakatte, Mangaluru; and Abdul Rameez (33), son of Abubakkar, hailing from Belandur village in Puttur taluk.
According to police, on October 9, Harif Abubakkar pledged fake gold ornaments at a Multipurpose Cooperative Society in Kavoor. Believing the items to be authentic, the society disbursed a loan of Rs6.24 lakh to his account.
After realizing the fraud, the society lodged a complaint, prompting the registration of a case under Sections 316(2), 318(4) read with 3(5) of the Bharatiya Nyaya Sanhita, 2023.
In the course of the investigation, police seized Rs5 lakh in cash, 45 grams of imitation gold jewellery, a car valued at Rs20 lakh, and four mobile phones. The total value of seized items is estimated at Rs26.5 lakh.
The operation was carried out under the guidance of ACP (North Sub Division) Srikanth K and led by Kavoor Police Inspector Raghavendra M Byndoor, PSI Mallikarjun Biradara, and their team.
