24 homes, 6 plots, 40 acres farmland, 1kg gold: Karnataka ex-babu with Rs 15,000 salary caught having Rs 30 crore assets

A former clerk who worked at Karnataka Rural Infrastructure Development Limited (KRIDL) for over 20 years has allegedly amassed assets several times over his known sources of income according to a TOI report. Kalakappa Nidagundi, a former outsourced clerk at the KRIDL in Koppal, is under investigation for allegedly accumulating assets worth approximately Rs 30 crore over two decades despite earning a monthly salary of Rs 15,000.

The case came to light on Thursday following a raid by Lokayukta officials at Nidagundi’s residence in Pragati Nagar. The raid was initiated in connection with the suspected misappropriation of Rs 72 crore in KRIDL.

Massive assets uncovered in raid

During the operation, authorities discovered 24 houses, six plots, over 40 acres of agricultural land, more than 1 kg of gold jewellery, and several vehicles. Documents retrieved also suggested the presence of additional illegal assets. Some of the properties were found to be registered under the names of Nidagundi’s wife and brother.


The raid began at 6 a.m., following complaints filed by KRIDL executive engineers Anil Patil (Koppal office) and Anand Karlakunti (Nelogipura subdivision) against Nidagundi and former executive engineer Zaranappa M Chincholikar. The complaints were lodged at the direction of KRIDL Managing Director Basavaraju.

Fake projects and forged documents alleged

According to officials, the accused parties allegedly created forged documents and invoices for 96 projects between 2019 and 2025, covering sewerage, road, and drinking water works across various villages. The fraudulent projects include 19 in Kanakagiri, five in Gangavathi, four in Yelburga, and 68 in Koppal taluk, collectively diverting government grants worth Rs 72 crore.

Nidagundi was dismissed from service a few months prior to the raid. Chincholikar, though previously terminated, continues in service due to a court directive.

Political response and ongoing inquiry

Koppal MLA K Raghavendra Hitnal confirmed Nidagundi’s involvement along with cement supplier Amaresh Yambaladinni in collusion with Chincholikar. He stated that the government would conduct a thorough investigation into all related works and ensure appropriate action is taken against those found guilty.

(With inputs from TOI)