Appugol arrested and let out on Bail again

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After yesterdays incident of thousands of depositors gathering infront of Anand Appugol’s home in Hanuman nagar, where he was brought infront of the crowd and again taken back inside.

After the crowds dispersed he was arrested by the police in cheque bounce case and then again was released later on bail after a short while.


Anand Appugol the Chairman of Shri Krantiveer Sangolli Rayanna Co-Operative Credit Society was not able to return the deposits even after maturity and the amount is the tune to Rs.300 crores and is out on bail after being in jail for 3 months.

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