In 2003, Ulhas got involved in a land fraud and his partner went to police. Ulhas was arrested but got bail in 2004.



After leaving Nagpur, Ulhas's first stop was Pune where he worked at a call centre. Unhappy with what he was earning, he shifted to Bangalore where he joined a finance company.  

It was here that Ulhas met Raksha J Urs, a girl from Mysore who had lost her father early and was working as a receptionist. They got married in 2005.

Raksha eventually became his partner in crime. She was the only person with whom Ulhas ever shared his secrets. In the next few years, they had opened 94 accounts in 20 different banks across the country under 13 fake names.