Shabari Mala Gold Scam: Priest’s ₹2.5 Crore Bank Deposit Under SIT Scrutiny

Shabari Mala Gold Scam: Priest’s ₹2.5 Crore Bank Deposit Under SIT Scrutiny

January 28, 2026 discoverhiddenusacom News

Thiruvananthapuram, India – A Special Investigation Team (SIT) has uncovered significant financial transactions involving Kandaru Rajeevar, a tantri (priest) recently arrested in connection with a gold smuggling case at the Sabarimala temple. The investigation revealed that Rajeevar deposited 2.5 crore rupees (approximately $300,000 USD based on current exchange rates) into a private bank in 2024.

Financial Discrepancies Emerge

Despite the subsequent closure of the bank and the loss of his investment, Rajeevar reportedly did not file a complaint regarding the missing funds. This detail emerged during a detailed investigation into Rajeevar’s financial dealings following his arrest in the gold smuggling case.

Did You Know? Kandaru Rajeevar is the thirteenth individual implicated in the Sabarimala gold smuggling case.

Further Investigation Expected

The SIT may seek to re-custody Rajeevar for further questioning, anticipating that additional information will be revealed during interrogation. Investigators believe that further questioning could shed light on the circumstances surrounding the bank deposit and the decision not to report the loss of funds.

Connection to Key Suspect

The investigation has also established a long-standing relationship between Rajeevar and Unnikrishnan Potti, the first accused in the gold smuggling case. This connection is a key focus of the ongoing investigation.

Expert Insight: The failure to report a substantial financial loss, particularly following the collapse of a financial institution, often raises scrutiny and can be a key indicator in investigations involving potential illicit activity.

Frequently Asked Questions

What is Kandaru Rajeevar accused of?

Kandaru Rajeevar is the thirteenth accused in the Sabarimala gold smuggling case.

How much money did Rajeevar deposit in the bank?

Rajeevar deposited 2.5 crore rupees into a private bank in 2024.

Did Rajeevar report the loss of his investment?

No, Rajeevar did not file a complaint after the bank closed and his money was lost.

Given the complexities of this case and the ongoing investigation, what further revelations might come to light regarding the financial dealings of those involved?