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According to J.B. Nagar police, they got information about the presence of Sriki from a hotel staffer that he is involved in a brawl. The Police reached the hotel and picked him up for questioning.
Accused Sriki is said to have been released on bail two months ago and his whereabouts were not known to the police. He is said to be the kingpin behind Bitcoin scandal which has rattled the political circles of Karnataka.
It is alleged that, some leaders from the ruling BJP are hand in glove with the accused and have received huge kickbacks. The opposition Congress is already attacking the government over the issue. Opposition leader Siddaramaiah is likely to make sensational claims with documents regarding the scandal on Monday.
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Sources say, there is something more to the arrest as the entire scandal is being discussed at the national level.