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The seer had been living in Nandi Paravata of Hirekodi for about 15 years. It is learnt that he may have been killed over a money matter.
Police have reportedly taken 2 persons into custody. The seer was reportedly killed by unidentified suspects for demanding the return of money lent to them.
It is learnt that the seer was abducted from the Ashram where he lived and was murdered.
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Police have also increased security arrangements in Chikkodi taluk and Raibag taluk to prevent any untoward incidents.