Self proclaimed Indian Godman Nithyananda, who has seven cases registered on him in India and USA, has reportedly bought an island near Ecuador and named it as Republic of Kailaasa. Recently, Nithyananda started a reserve bank in his country printing currency notes and coins.
Few businessmen from Ahmadabad were said to have decided to renounced their pleasureful life to lead a spiritual life in that island. A Tamil Nadu based businessman decided to setup a hotel in the island and wrote a letter to Nithyananda asking for permission. Currently this businessman Kumar has a hotel named Temple City Hotel in Madhurai.
Republic of Kailaasa has Nandi as its national animal, Lotus as its national flower and Sharabam (Hindu mythological creature) as the national bird. None of the nations have recognized the newly formed country but Nithyananda quotes the nation to be the purest and greatest Hindu nation of the world.