A small tiled-roof structure built in 1804, and which housed the British Treasury, still stands on about one acre land overlooking the village school.
When the Tricolour goes up for the first time at Banglegudde in Bellare village of Sullia taluk in Dakshina Kannada on the 75th Independence Day, it will mark a significant milestone in the history of the region. On March 30, 1837, peasants, who revolted against the British Raj for imposing high taxes on agricultural produce, had seized the British Treasury that was located at this place and had brought down the English flag.