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The accused Praveen Kumar Jalappa Haradolla was arrested from Bagalkote and Rs 3,13,500 was seized from his possession.
The complainant, Santhosh, a resident of Puttur said that Praveen had recently been hired as a nurse for the home.
However, Praveen went missing from the residence between 6:30 PM and 9:00 PM on the same day.
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A team of police personnel traced Praveen and arrested him from Bagalkote.