Ali who was at Charmady on Tuesday was walking on the roadside near the post office early morning when he spotted the bag. On checking he found the gold, mobile phone and cash. He immediately checked the phone and contacted some numbers found in it and got in touch with the owners.
He later visited the Dharmasthala Police Station and handed over the bag to the family of Ramachandra of Kundapur.
The family had lost the bag near Charmady Ghat while returning to Kundapur from Tirupathi. The family had also lodged a complaint in this regard.