Two from Mumbai held for cheating former MP Subbarami Reddy

08-11-2021 Mon 20:24

The Hyderabad Central Crime Station police arrested directors of Champion Finsec Limited (CFL) for defrauding Dr.T. Subbarami Reddy's wife T. Indira Reddy by selling her promised stake worth 11 crores in the open market without her knowledge.

Following a complaint filed by former Rajya Sabha member and film producer Reddy, the defendants, Chetan Balubai Patel and Harshawardhan Avinash Pradhan, were arrested and brought before a local court in Mumbai. They were eventually taken to Hyderabad on a transit warrant and produced before the XII ACMM court in Nampally, where they were remanded to judicial custody, according to Joint Commissioner of Police (Detective Department) Avinash Mohanty.

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