Police arrest travel agency owner
Bagalagunte police arrested the owner of a travel agency who stole more than 100 vehicles he had hired to run his business.
Shivakumar, from Davangere, owned a poultry farm, but suffered huge losses. Faced with harassment from money lenders, he came to Bengaluru and started RS Travels in Bagalagunte last year. “He offered the owners huge sums of returns and paid rent for the taxis which they then attached to his travel agency,” said an officer.
However, when they stopped collecting the monthly rental fee, they went to check and found the office locked and their vehicles missing. Shivakumar was not reachable on his phone.
“Shivakumar and his associates Srikanth and Asghar sold the vehicles in neighboring states claiming that they had been seized from people who had not paid their loans,” the officer added.
After repaying his loans, Shivakumar fled to Ghansoli in Maharashtra. Police tracking his movements spotted him when he used one of his old phones to contact a friend. The police are hunting down his associates and are in the process of recovering the vehicles. According to sources, more than 70 vehicles have been recovered.