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The arrested accused have been identified as Murthy (45).
Ravi alias Vakil Nayka of Vulihatagali had previously been arrested in relation to the case. It is said that Murthy, who shared a rental home with Vakil Nayaka, was also involved in the murder.
On the pretext of a business deal, the accused led Periyasamy to the Kulur grounds and stabbed him to death. According to the authorities, the accused killed Periyasamy over money.