'Encounter specialist' Daya Nayak reinstated in police dept

safia@coastaldigest.com (PTI)
June 16, 2012

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Mumbai, June 16: Police sub-inspector and 'encounter specialist' Daya Nayak, who was under suspension for nearly six-and-a-half years in a disproportionate assets case, was today reinstated and posted in a local arms wing of the department, police said.

Soon after receiving the order of reinstatement, Nayak took charge today itself. He had been suspended from the service in January 2006 and was arrested by the Maharashtra Anti Corruption Bureau after a court rejected his anticipatory bail plea in the case.

In October 2009, the then director-general of police S S Virk had denied permission to prosecute Nayak in the case with a remark that there were insufficient grounds and cleared him of all charges. Later, his file had been sent to the ACB. This had paved a way for his reinstatement in the force.

"Subsequently, the magistrate of the court concerned was informed that the case does not stand against Nayak. Hence there is no case against him now. So, he is eligible for the reinstatement. The city police commissioner passed an order for his reinstatement and Nayak is now posted at Local Arms wing," an IPS officer told PTI.

A 1995-batch police officer, Nayak had got actor Amitabh Bachchan to inaugurate his school in Karnataka in memory of his mother nearly seven years ago. The ACB had also arrested his two friends, who lent their names to the transfer of his wealth. The ACB also sought to arrest Nayak's wife Komal.

According to the ACB, Nayak's investments include a posh flat at Charkop, a defunct financial company. The school in Karnataka was constructed at a cost of Rs one crore, which ACB officials had claimed were "proceeds of corruption".

Nayak and his wife Komal ran a few companies to launder the money, the ACB had alleged. Nayak had refuted the charge that he donated Rs one crore to this school and submitted a list of donors in an earlier enquiry. Prosecution claims that some of these donors' names are fake.

Nayak, a sub-inspector of the 1995 batch, rose to fame in a short span by killing around 80 criminals including Vinod Matkar, Rafik Dabba, Sadik Kalia and three Lashkar-E-Taiba operatives.

Nayak was unavailable for comment. The movie 'Aab Tak Chappan' was based on his career.

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News Network
February 6,2025

Mangaluru: A man has reportedly lost ₹13 lakh after falling victim to an online trading scam. The incident began on December 14, 2023, when he received a WhatsApp message adding him to a group named "VIP3 Global Securities Official Stock Community."

The message introduced Ajay Garg as the director and CEO of SMC Group, claiming he was participating in an international stock returns competition and urging members to vote for him. The group also provided stock market investment guidance and encouraged users to open an SMC Global Securities Trading Account to access IPO stocks.

Upon inquiring in the group, the complainant was contacted by an individual claiming to be an international customer service representative at SMC Global Securities. This person, later identified as Vandana Bharti from the Institutional Brokerage, claimed she could secure high-value IPO stock allotments. The complainant was instructed to download the SMC Global Securities Trading App using a specific link, which promised 30 days of free VIP trading advice and stock market insights. He registered on the app using his PAN and mobile number and began applying for IPO stocks.

Initially, the complainant was allotted ₹15,000 worth of IPO stocks from Dam Capital Advisers Limited. The scammers claimed that ₹5,000 was covered by the company, requiring him to pay only ₹10,000, which he transferred on December 25. Soon after, he was allotted ₹1.4 lakh worth of IPO stocks from Anya Polytech & Fertilisers and was pressured to pay immediately. On December 31, he transferred the amount.

The scammers continued assigning higher-value IPO stocks, eventually allotting ₹9.9 lakh worth of stocks from Standard Glass Lining Technology Limited. When the complainant expressed an inability to pay, he was pressured into taking a ₹9 lakh loan via a mobile lending service.

On January 20, he attempted to withdraw ₹1 lakh from the SMC Global Securities Trading App to check if funds could be recovered. The withdrawal was processed successfully the same day, reinforcing his trust in the platform. However, subsequent attempts to withdraw funds were unsuccessful, and the complainant realized he had been defrauded.

Authorities are investigating the incident and cautioning the public to be vigilant against such fraudulent schemes.

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News Network
February 6,2025

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Mangaluru: The SIA Group of Institutions is set to unveil its brand-new campus at Arkula, Mangaluru, with a grand two-day celebration, SIAspire, on February 7th and 8th. This event promises a unique blend of exhibitions, entertainment, and adventure, offering an exciting experience for visitors of all ages.

Event Highlights

SIAspire will feature a variety of engaging activities, including:

✅ Thrilling Adventure Sports: Horse Riding, Archery, and Jumping Balloon Bouncer
✅ Interactive Game Zones for children and families
✅ Cultural & Educational Exhibitions showcasing innovation and creativity
✅ Delicious Food Stalls offering a variety of cuisines

Event Details

Dates: February 7 & 8, 2025

Timings:

February 7: 3:30 PM – 8:00 PM
February 8: 10:00 AM – 8:00 PM
Venue: SIA Campus, Arkula, Mangaluru

An Invitation to the Community

SIAspire is open to the public, and entry is free. The event aims to bring together students, parents, and the local community to celebrate education, talent, and culture in an engaging atmosphere.

Speaking about the event, an SIA spokesperson stated, "The launch of our new campus is a milestone in our journey. SIAspire is not just an inauguration event but a celebration of learning, creativity, and community spirit."

How to Participate?

Visitors can walk in and explore the festivities, participate in adventure activities, and enjoy a variety of entertainment programs.

For further details, contact: 8792244939

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News Network
February 6,2025

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Udupi: In the serene town of Shirva Manchakal, Udupi district, a profound sorrow has enveloped the community. Rakesh Kamath, a dedicated chartered accountant, aged 32, has tragically passed away on February 5 at Manipal Hospital, Bengaluru, following a brief illness.

A devoted son of businessman Balakrishna Kamath, he had recently journeyed to Hyderabad for professional commitments. He was employed at a private firm in Bengaluru.

Upon his return, he fell ill. Despite medical intervention and initial signs of recovery, his condition suddenly worsened, leading to his untimely collapse. 

His wife acted swiftly, admitting him to Manipal Hospital, but despite all efforts, he did not respond to treatment and departed from this world.

He leaves behind his beloved wife, CA Shruti, along with a multitude of relatives and friends who now mourn the loss of a vibrant soul taken too soon. 

The community stands in solidarity with the grieving family during this heart-wrenching time.

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