Travel Agency owner escapes with 130 cars worth Rs.10 Crore in Bengaluru

Pramesh S Jain & Yogesh K Porwar

The Bagalagunte police are on the lookout for owner of a travel agency who is on the run with around 130 cabs which he had attached from the owners for his firm to operate travel business .

The accused have been identified as Shivakumar, native of Tamilnadu and owner of RS Travels in Nagasandra is allegedly on the run with the cabs and other transport vehicles worth Rs 10 crore .

The accused was offered good rental to the cabs and paying it to the owners on 8th of every months regularly.

Many people who lost jobs during Corona wave borrowed loan and bought cabs and attached to the firm.

The cheating came to light earlier this month when few cab owners did not receive the monthly rental and went to check and found the office was locked and phone was not reachable.Upon inquiry it was revealed that he had vacated the office few days ago and is on run.

A case of cheating has been registered against the travel agency owner in Bagalagunte Police station and further investigation is on.