Elusive realtor nabbed in Adilabad
Elusive realtor nabbed in Adilabad
NELLORE: Finally, the district police nabbed G Ramakrishna Reddy, a realtor and financier, who is accused in several cases of chea..

NELLORE: Finally, the district police nabbed G Ramakrishna Reddy, a realtor and financier, who is accused in several cases of cheating and has been evading cops for the last three months.
Reddy was held at Bhainsa in Adilabad district on Saturday night. Reddy allegedly collected about Rs 50 crore from locals and suddenly shut his firms VRK Developers and VRK Finance set up at Vedayapalem in the town three months back. Addressing mediapersons here on Sunday, Nellore SP Ramana Kumar said that on a tip off, special police party, led by Kovur CI Rambabu, arrested Reddy along with his assistant Vijayalakshmi while they were returning to their rented flat in Bhainsa.

After disappearing from the city, the duo went to Nagpur and then shifted to Bhainsa.

He also collected money from several people promising them good interest. The cheating came to light after Vijayalakshmi's husband Ramesh lodged a complaint with the police after she went missing.

Locals also approached police stating that Reddy cheated them.

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