Bengaluru, Aug 5 (Reporter) In a major development in the alleged Valmiki Corporation scam in Karnataka, the Special Investigation Team (SIT) has arrested 12 people and seized Rs 49.96 crore. The SIT has filed a preliminary charge sheet against the accused, including former officials of the corporation and businessmen. The alleged scam, which is said to involve the "misappropriation" of Rs 187.33 crore, has already led to the resignation of Minister B Nagendra and opposition parties are demanding Chief Minister Siddaramaiah also put in his papers. The SIT has seized cash, gold, and other materials from the accused persons, including Rs 16.83 crore cash, 16.25 kg gold worth Rs 11.7 crore, and luxury cars worth Rs 4.51 crore. The investigation is ongoing under the guidance of the Director General of Police, CID, Bengaluru. The matter came to light after the Accounts Superintendent of the corporation died by suicide, leaving behind a detailed note explaining how the money was transferred and the role of corporation officials and bank officials in the alleged scam...////...