Gangster Bannaje Raja who is jailed at Hindalga jail has been found guilty along with eight others in the murder of Ankola-based businessman R N Nayak nine years ago.
Principal District and Sessions Judge and also the judge of KCOCA Special Court Justice CM Joshi pronounced the verdict and the quantum of punishment would be announced on April 4.
The businessman RN Naik was murdered in a contract killing on December 21, 2013 when he refused to give Rs 3 crore in extortion money.
Bannaje Raja was hiding abroad and was arrested in Morocco on February 12, 2015 in a fake passport case. He was then brought to India on August 14, 2015. He was lodged in the central prison of Hindalga in Belagavi.