Udupi: A fire broke out on an anchored boat, resulting in a loss of crores of rupees. The incident was reported in Gangolli, near Kundapur, on Monday morning.

According to sources, the fire tragedy occurred in the Gangolli fishing harbor area when the Diwali puja was being held. As a result, seven fishing boats, two bikes, and nets worth millions of rupees were burnt in the incident.

It was suspected that the fire might have been caused by the bursting of firecrackers. The local fire brigade carried out the rescue operation.

It is estimated that the loss may exceed 5 crores due to the accidental fire disaster.