Hyderabad, Feb. 19 -- A 32-year-old man was arrested in Hyderabad's Chikkadpally area for staging a theft at his residence to maintain his lavish lifestyle, police said.

On February 9, Bhaskar Pramod Mula lodged a complaint with the Chikkadpally police station claiming that unidentified persons broke into his penthouse at Alekya Estate and stole gold and silver ornaments.

During the investigation, it was found that Mula, who has been unemployed for some time, is a BTech graduate and had gone to the United States for higher studies but discontinued and returned to India.

He stayed in Bengaluru for some time, where he allegedly took personal loans and used multiple credit cards to fund a lavish lifestyle.

From 2024, due to mounting debt...