This temple is located on a small hillock (Gudda) behind the Jain Mutt & main temple complex. Guddada Basadi also called as Bahubali temple was built in 898 A.D. This temple was built by the Santhara king Vikrama Santhara at the behest of his guru Moni Siddantha Bhattaraka. The temple was built in Ganga Dravidian style. It has a 5 feet high of Lord Bahubali as the main deity. Since the temple was in a very bad state the entire stucture was dismantled in 1950 with an intention of rebuilding it. Due to many inevitble reasons the renovation work of this temple was not completed.
In the 1970s a 21 feet high marble idol of Lord Parshwanath in Kayotsarga was installed in an open field. However, the panchakalyana of this idol was not conducted.
With an intention of bringing back its glory a new temple is being constructed around the Parshwanath idol with the ancient idol of Lord Bahubali on its right & Lord Shanthinath in Kayotsarga on its right has been built. In addition to this two small temple for Goddess Byrava Padmavati & Dharanendra Yaksha are also constructed besides the main temple.
The Panchakalyana pratishta mahotsava of this newly constructed Trikuta Jain temple will be held from May 10-16, 2013. The Jain idols pratishta & mahamasthakabhisheka mahotsava will be conducted on the occasion under the guidance of His Holiness Swasti Sri Devendrakeerthi Bhattarakha Swamiji, the pontiff of Hombuja Jain Math.