Hyderabad, Sept 19 (Hydnow): The Special Operation Team Balanagar Zone along with KPHB & Kukatpallly Police busted the organized racket involved in loan frauds by creating fake rubber stamps/documents of GHMC, HMDA, Revenue Department, and Labour Department, etc. Booked two cases, arrested 18 persons, seized 687 fake rubber stamps of government departments and 1,180 fake certificates.
The fake rubber stamps and documents seized are Fake Rubber Stamps-687, Fake Certificates/Documents-1,180, . Laptops-10, CPU-08, Monitors-08, Printers-02, Stamps Making Machine-01, Stamps Flasher-01, Mobile Phones-57 and Two wheeler-01, all worth Rs. 10 crore and above.
Two cases have been registered against 1) Ghanta Ranga Rao, 63 yrs, Occ: Stamp Business, R/o. Suraram, Medchal Dist. (Creating and using fake rubber stamps and certificates/documents). 2) Shivannagari ManikPrabhu, @ Manaiah, Age 62 yrs Occ: Stamp Business, R/o KPHB Colony. (Rubber stamp maker), 3) Panchikarla Naga Malleshwara Rao, Age: 37 yrs, Occ: Agent, R/o. Prashanth Nagar, Kukatpally. 4) Kothapally Sudhakar Rao, Age: 54 yrs, Occ: Financial Consultancy, R/o. Allwyn Colony, Kukatpally. 5) Kagitha SethaRamaRaju @Pandu, Age: 37 yrs, Occ: Xerox shop, R/o. Suraram, Medchal. and 6) Kondeti Chandrashekar rao, Age: 38 yrs, Occ: Architecture, R/o. Chinthal, Jeedimetla.
The other accused involved in the case are 1) Vaka Nagi Reddy, Age: 24 yrs, Occ: Director of ABL Loans Pvt. Ltd., R/o. Kukatpally. 2) Karimi Shanmukha Rao, 37 yrs, Occ: Director of Nidhi Associates, R/o. Jagadgirigutta. 3) Kolli Rama Raju, Age: 36 yrs, Occ: Director of RR Associates, R/o. Jagadgirigutta. 4) Donthula Manikanata, 33 yrs, Occ: Owner of DMK Associates, R/o. Kukatpally. 5) Revuri Dora Babu, Age: 36 yrs, Occ: Free Lancer Business, R/o. Jagadgirigutta. 6) Botsa Mahesh, Age: 28 yrs, Occ: Free Lancer Marketing, R/o. Zinnaram(m), Sanga Reddy. 7) Laxman Rakesh Kumar, Age: 29 yrs, Occ: Free Lancer Marketing, R/o. Mallampet (v), Medchal, 8) Metnala Chanti, Age: 31 yrs, Occ: Team Leads at ABL Loans Pvt. Ltd., R/o. Kukatpally. 9) Purimetla Naveen Kumar, Age: 28 yrs, Occ: Team Lead at ABL Loans Pvt. Ltd., R/o. Kukatpally. 10) Daspally Veera Babu, Age: 23 yrs, Occ: Employee at DMK Associates, R/o. Erragadda, Hyd. 11) Gollamudi Ram Tiwari, Age: 32 yrs, Occ: Operator at DMK Associates, R/o. Kukatpally. and 12) Kolli Shankar Rao, Age: 26 yrs, Occ: Executive at RR Associates, R/o. Jagadgirigutta.
According to the Commissioner of Police, Cyberabad, on specific information, the sleuths of the Special Operations Team (SOT), Balanagar Zone along with Kukatpally PS conducted raids and apprehended 12 persons for involvement in business Loan frauds. Seized 27 fake rubber stamps and 535 fake certificates/documents from the accused persons. The rubber stamps and fake certificates/documents belong to the Labor Department etc.
The said arrests were made under the supervision of Law and Order DCP Balanagar Srinivas Rao, DCP SOYT Rasheed, Addl. DCP SOT Balanagar Zone Shoban Kumar. (Hydnow)
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