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Rama Nagappa Shetty was born in Murudeshwar in Bhatkal Taluk.
In 1961, Rama Nagappa Shetty formed the R N Shetty and Company, a partnership firm. During the next four years, the company took up the construction of three major projects – building bridges on Honnavar-Bangalore road.
In 1966, he moved out of his native district and began operations from Hubli, a major city in northern Karnataka.
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The Murudeshwara Shiva temple and temple complex, including the 249 feet tall Raja Gopura, which is considered the tallest Gopuram in Asia as well as a huge towering statue of Hindu god Shiva in the temple complex considered the tallest statue of Shiva in the world standing at 123 feet were built by the finances provided by Dr. R.N. Shetty.