Arakshaka is a 2012 Indian Kannada psychological thriller mystery film starring Upendra, Sadha and Ragini Dwivedi in the lead roles. The film is directed by P. Vasu. Krishna Prajwal has produced the film under Udaya Ravi Films. Gurukiran is the music director of the film. Karnataka's former CM and State Janata Dal President, H. D. Kumaraswamy released the audio of the film. The film is loosely inspired by the 2010 Hollywood film Shutter Island.Upendra has played a psychological role after a brief gap. He had last played such type of roles in his earlier psychological films like A (1998), Upendra (1999) which were directed by himself, and Preethse (2000).

The film was released on 26 January 2012 and opened to positive reviews. It turned out to be an average grosser.