<p>The Karnataka Control of Organised Crime Act (KCOCA) court here on Monday awarded life imprisonment to underworld gangster Bannanje Raja and seven of his accomplices in the businessman R N Nayak murder case.</p>.<p>The special court and principal district and sessions judge C M Joshi pronounced the sentence.</p>.<p>Bannanje Raja had demanded protection money of Rs 3 crore from Nayak. He was shot dead at KC Road in Ankola on December 21, 2013. The murder happened in broad daylight.</p>.<p>Three of the 16 accused in the case have been acquitted while another three are still at large.</p>.<p>Vivek Kumar Upadhyaya, the first accused in the case, was killed in an exchange of fire with Nayak’s gunman on the day of the murder.</p>.<p>The court ordered a compensation of Rs 30 lakh to the wife of Nayak and police security for his son, Mayur. </p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>The Karnataka Control of Organised Crime Act (KCOCA) court here on Monday awarded life imprisonment to underworld gangster Bannanje Raja and seven of his accomplices in the businessman R N Nayak murder case.</p>.<p>The special court and principal district and sessions judge C M Joshi pronounced the sentence.</p>.<p>Bannanje Raja had demanded protection money of Rs 3 crore from Nayak. He was shot dead at KC Road in Ankola on December 21, 2013. The murder happened in broad daylight.</p>.<p>Three of the 16 accused in the case have been acquitted while another three are still at large.</p>.<p>Vivek Kumar Upadhyaya, the first accused in the case, was killed in an exchange of fire with Nayak’s gunman on the day of the murder.</p>.<p>The court ordered a compensation of Rs 30 lakh to the wife of Nayak and police security for his son, Mayur. </p>.<p><strong>Watch the latest DH Videos here:</strong></p>