Mysore/Mysuru, March 14 -- * Hubballi bizman cheated in Rs. 25 crore loan lure

* Six from Mysuru booked; accused absconding

A racket involving six persons, including a woman from Mysuru city, has allegedly cheated a 37-year-old businessman from Hubballi-Dharwad of Rs. 25 lakh under the pretext of facilitating a whopping Rs. 25 crore hand loan.

Acting on a complaint lodged by Harsha Hubballi on Mar. 9, Mysuru South Police (Mysuru Rural Police) filed a First Information Report (FIR) the same day against six residents of Lake View Layout, Gejjagalli, Koppalur and J.P. Nagar in Mysuru.

The accused are Narayana Shetty, Karthika, Yashawantha Shetty, C. Praveena, Deepak Vishwakarma and his wife Shruthi. The accused have gone absconding since...