In 1970, HH Jayachamarajendra Wodeyar is said to have transferred the possession of the property to two companies promoted by a civil contractor by name Chamaraju, close to the corridors of power. These companies were known as Chamundi Hotels (P) Ltd (110 acres) and Sree Venkateswara Real Estate Enterprises (p) Ltd (344 acres). But on the given date the companies were yet to be incorporated and there was no sale deed either. It was a fraudulent transaction. Jayachamarajendra's only son Srikanta Datta Narsimharaja Wadiyar instituted a civil suit against this deal. But Jayachamarjendra Wadiyar died in 1974. The legal battle continued and in the meantime Srikanta Datta Narsimharaja Wadiyar gave each to his five sisters namely Late Gayatri Devi, Meenakshi Devi, Kamakashi Devi, Indrakshi Devi and Vishalakshi Devi in 1983 along the Ramana Mahasrhi Road.