Take a wide bowl and add rice flour, maida, rava, salt, red chilly powder and ghee. Give a quick stir.
Adding water in intervals combine everything well in to soft dough. Add some hot oil to this mixture and knead in to pliable dough. Let the dough rest for 20 minutes.
Take a big marble sized dough and roll it between your palms in to thick rope.Break the rope in to approximately 2 inches length and join both ends and press gently to obtain the ring murukku shape. Arrange all the ring murukkus on a plate.
Heat oil in heavy bottom wok and as the oil gets rightly heated drop few kodubale in to oil. Fry them till they turn golden brown. When the shh...sound seizes and bubble stop remove from oil using slotted ladle and drain them on kitchen tissue paper.
Let them cool down to room temperature and store in airtight container. Crispy kodubale is ready to munch as tea time snack.