Komodo Rumor in PNG

Lae city, in Papua New Guinea, has Komodo dragon rumors, as stories of a giant lizard are being passed around, along with the rumor of an expatriate offering a bounty on a Komodo dragon that was supposedly smuggled into the country as an egg, raised up, and which got loose to terrorize the countryside. (News source.) (Rumor story here.) PNG has several native varanids, so the stories are likely based on misidentifications.