Rohan Saldanha

Some Lesser Known Facts About Rohan Saldanha

• On 17 July 2025, Rohan Saldanha was arrested by city police on charges of large-scale financial fraud. The arrest was conducted by a team led by Commissioner Sudhir Kumar Reddy and ACP Ravish Nayak.

  

• Saldanha allegedly promised high-value loans of Rs 400 to Rs 600 crore to wealthy businessmen in exchange for advance commission and stamp duty.

• Victims were made to pay amounts ranging from Rs 50 lakh to Rs 4 crore before Saldanha disappeared and cut all contact.

• After his arrest, the police searched his residence and found items indicating a luxurious lifestyle funded by fraudulent money.

  

• The house had decorative plants worth Rs 3 to Rs 5 lakh each and a stock of expensive champagne and alcoholic drinks.

• Investigators found Rs 40 crore in transactions through a single account within three months.

• The house had multiple hidden rooms, secret passages, and cupboard-like doors used to evade people demanding repayment.

  

• CCTV surveillance and advanced security systems were installed throughout the residence to monitor movements and avoid detection.

• Police said he showed people land worth crores and promised huge loans before collecting crores as commission and vanishing.

• A fresh FIR (Crime No. 30/2025) has been registered at the Mangaluru CEN Police Station against him under various sections of the Bharatiya Nyaya Sanhita (BNS).

• The charges include sections 316(2), 316(5), 318(2), 318(3), 61(2), and 3(5), related to cheating, breach of trust, and misappropriation.

• Another FIR (Crime No. 22/2025) was also filed earlier under similar provisions, which had led to Saldanha’s initial arrest.

• A businessman from Maharashtra stated that he had transferred Rs 5 crore to Saldanha through official banking channels as part of a proposed deal.

• A second victim from Assam came forward, reporting that he had transferred Rs 20 lakh on July 16 and 17. Police immediately contacted the concerned banks to freeze the transferred amounts.

• They successfully froze Rs 3.5 crore from the Maharashtra victim’s account and the full Rs 20 lakh from the Assam businessman’s payment.

• Police officials confirmed that a remand application was being prepared and will be submitted to the court on 21 July 2025 for custody.