Shetty means Elite people. Kuruhu means Emblem 🔱 or Trade mark. These are also called Kurni, Neelakanti, Jandra in Telugu states. As per Neelakanta Purana, Kuruhina shetty's are inventors of handloom Saree, simple balance machine. There are other castes who has Shetty as middle name!
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Kuruhinashetty are Hindus found amongst the Bilimagga and Lingayat castes who were initially weavers, whereas Shetty is found amongst Hindus of the Bunt community of Mangalore, Karnataka