Mysuru: Saraswathipuram Police have registered a complaint against three persons for allegedly cheating 17 families of Rs. 1.87 crore in a house lease case. The accused have been identified as A.S. Sagar, Abhishek Krishna and Bharath of Arvo Ventures.
One of the victims, Varun Raj, in his complaint, has said that when he was looking for house for lease, he contacted Sagar, who was working in the company functioning from Kantharaj Urs Road, through an App.
He said that Sagar had informed them that the company would find the customers the house for lease and also pay the owners rent every month and will return the lease amount to the customer at the time they vacate the property.
Varun added that the company had showed him a flat at Pranathi Apartment located at Kuvempunagar following which he had transferred Rs. 21 lakh to their DBS Bank account at Indiranagar branch in Bengaluru. After the money was being transferred, Varun and his family shifted to flat on Sept. 1, 2025. However, during May 2026, the property owner, who visited the flat, informed that the company had not paid him the rent for the past three months and asked Varun to vacate the flat.
Later, when Varun visited the company’s office, he came to know about him being conned. He also informed in his complaint that, when he visited Bengaluru to find out about the company, he came to know about Sagar being arrested by HSR Police in Bengaluru for a similar crime and also found out about them cheating 17 families including me of Rs. 1.87 crore.
Following this, Varun filed a complaint with the Saraswathipuram Police seeking action against the accused.
