ಶಿವಾನಂದ ನೀಲಣ್ಣವರ್‌ಗೆ ಇಡಿ ಶಾಕ್ – ಎರಡು ದಿನಗಳಿಂದ ತಲಾಶ್‌

According to Public TV, the Enforcement Directorate (ED) has launched a multi-day search operation targeting Shivanand Neelannavar in Belagavi, Karnataka. The investigation centers on allegations that Neelannavar collected significant sums of money from the public, including former military personnel, under the guise of deposit schemes that are now under scrutiny for potential fraud.

The search operations have been concentrated at the MH Tower located in the Shivabasava Nagar area of Belagavi. Reports indicate that ED officials, supported by a contingent of Central Reserve Police Force (CRPF) personnel for security, have been conducting a thorough review of documents and financial records at the premises for two consecutive days.

This action marks a significant escalation in the ongoing investigation into the alleged multi-crore financial irregularities associated with Neelannavar. The ED’s involvement typically signals a probe into money laundering or large-scale financial misappropriation. Authorities have not yet released a formal statement regarding the specific findings of the search, but the presence of federal agencies suggests a coordinated effort to secure evidence related to the deposit collection activities.