MIT Campus E-Mobility Fraud: Six Employees Arrested for Rs 12 Lakh Misappropriation
Coastal Talk News | Manipal
Six employees of Indeanta E-Mobility Pvt. Ltd., which operates battery-powered vehicles for students and parents within the MIT campus in Manipal, have been arrested in connection with an alleged fraud involving passenger fare collections amounting to Rs 12 lakh.
According to the complaint lodged by the Human Resources Department Manager of Indeanta E-Mobility Pvt. Ltd. on October 2, the accused allegedly collected passenger fares through a privately created merchant QR code instead of the company’s authorised QR code. The amount collected through the alleged fake transaction account was reportedly transferred to the bank account of Aishwarya, wife of one of the aaccused -Muthanna Adinavar.
The complainant alleged that the accused had, since April 1, 2026, failed to remit passenger fares due to the company and had allegedly diverted the money for their personal benefit, causing a loss of Rs 12 lakh to the company. Based on the complaint, Manipal Police registered the case under Sections 316(4), 316(5), 318(2), 318(3), 318(4) and 3(5) of the Bharatiya Nyaya Sanhita (BNS). The accused have been identified as Siddamurthy G. (29), Shivraj Naik (30), Sudeep (30), Jitesh Kanchan (29), Muthanna Adinavar (32) and M B Avinash (24). PSI Shambhulingayya M of Manipal Police Station arrested the six accused on October 2. They were produced before the court and subsequently taken into police custody for further investigation, police said.
