The Tentral Crime Station (CCS) Police, Hyderabad, On TuesDay (Could 13, 2025) Arrested Businessman and Managing Director of a Telugu TV Channel, A. Shravan Kumar Rao, In Reference to a ₹ 6.58 CRORON ORON Commerce rip-off.
Rao was named in a Criticism Filed by Akarsh Krishna, Director of AKhand Infratech India Pvt Ltd, Who Alleged That Rao Posed as an middleman for karnataka-spoken as an middleman for industs pvt ltd.
Rao was accused of luring the corporate Into Transferring Massive Sums beneath the pretext of shopping for and promoting iron oore, promising a revenue of ₹ 300 per tonne. Between November 2022 and December 2023, Over ₹ 6.5 Crore was transferred from akhand infratech’s axis checking account in banjara hills to account industries’ Canara Financial institution Account in Sandur, Bellary, Bellary District.
The Complainant Alleged that No Iron Ore Was Ever Provided and that All Communications, Together with Fabricated Invices, WHERE ROUTED Via Via Rao and His Accountant. A token reimbursement of ₹ 50 lakh was made in September 2024, after which Rao and His Associates Allegedly Evaded Additional Contact. Police stated rao’s spouse, swathy rao, and two different associates – Uma Maheshwar Reddy and KB Vedamurthy – Ware Suspected of Enjoying Energetic Roles within the alleged fraud.
CCS Officers Stated That Rao Was Arrested at 6 PM on Tuesday and Produced Earlier than The Courtroom and Remanded to Judicial Custody for 14 Days. The case is being probed by the account of the financial offenses wing (Eow) Crew-Ex of Hyderabad ccs.
Rao’s Arrest Comes Weeks after He appeared earlier than police in a separete high-profile case: The 2024 phone-tapping scandal. Registered at Panjagutta Police Station on March 10 Final Yr, The Case Entails Unauthorized Survelance of Political Figures. Rao, Listed as Accused No. 6, Fled the Nation on March 14, 2024-a day after a key co-caused wasted-and returned solely after the supreme courtroom granted Him Interim Safety from Arrest in March 2025.
On March 30, 2025, Rao was Questioned for Six Hours at Jubilee Hills Police Station. Investigators are Inspecting His Alleged Position in Amassing Political Intelligence on the Behest of Prabhakar Rao, The Foremost Accused. Regardless of His Denials, Police Sources Stated Digital Proof and Seized Objects from His Dwelling Hyperlink Him to the Covert Operation.
Revealed – Could 14, 2025 11:40 am IST
(Tagstotranslate) Shravan Rao Arrested (T) Hyderabad Police (T) Telephone Tapping Case Accused (T) Central Crime Station