Police have seized cars bikes worth Rs 41,35,000 of Anand Appugol with case registered at Khade bazar police station related to non repayment of deposits of Krantiveer Sangolli Rayanna credit cooperative society. D.C. Rajappa, Police Commissioner, stated in a release these vehicles were bought from the money kept in the society by the depositors who are now suing Appugol for the default in payment.
This includes fortuner car, Innova, Qualis and 30 two wheelers.
On Thursday a huge crowd had gathered at the house of Appugol in Hanuman nagar and were asking their deposits be paid back.
Around 300 crores is due to be paid to the depositors.