Bengaluru, June 18 -- A businessman was allegedly robbed of Rs 1.09 crore at gunpoint by seven unidentified persons near Kuduregere Colony in Dasanapura Hobli. After the incident, the Madanayakanahalli Police have registered a case against the seven accused.

The incident took place on June 15, after which a complaint was filed on June 16 by R I Shiva Shankar, 41, a resident of Muniswamy Reddy Layout, Thammenahalli.

According to the FIR, Shiva Shankar, who runs a scooter agency with his friends in Yeshwantpur, was lured by business contacts from Andhra Pradesh and Hyderabad to invest in a firm called A.N.R.S (American Nuclear Research System).

On June 12, three men, Mohammed Parvez, Allis, and Johnson, came to Bengaluru and stayed at a ...