Today the CBI arrested the infamous Reddy brothers; political bigwigs from Karnataka and proprietors-in-chief of one of the largest fly-by-night iron ore mining enterprises in the country. It was an open secret that their corp expanded outwards from limited mining licenses to nakedly exploit resources on the AP-Karnataka border. Some of the means employed were, one has to admit, ingenious. The larger question is related to the present paradigm of resource governance, however. Much debate is needed.