The police intensified probe to nab Goldstone director Prasad, who was involved in Miyapur land scam. It was found Prasad had created 12 shell companies to purchase government lands. The police were shocked to know that Prasad did not submit details of these companies to the Registrar of Companies. Family members of Prasad are directors in all 12 companies. There are allegations that Prasad had cheated the banks in the US. 72 criminal cases were registered against Prasad’s brother Parthasarathy in the US.