Rs. 3.98 crore seized from truck in Anantapur

Editor

posted on 13 years ago — updated on 1 second ago

22
views

ANANTAPUR/BELLARY/ HYDERABAD: Even as the CBI is busy digging out more information on the murky affairs surrounding the Obulapuram..

ANANTAPUR/BELLARY/ HYDERABAD: Even as the CBI is busy digging out more information on the murky affairs surrounding the Obulapuram Mining Corporation (OMC) owned by Gali Janardhan Reddy and his brotherinlaw BV Srinivas Reddy, a truck carrying Rs. 3.98 crore, believed to be of the Reddys, was seized in Anantapur district on Thursday.
The cash seizure may give a new dimension to the CBI probe into the illegal mining. The Income Tax officials have also joined the probe.Police sources told Express that following a tipoff, the Guntakal police intercepted a truck at Hanuman circle this evening and found in it currency bundles of Rs. 1,000 and Rs. 500 in three bags.

The lorry driver, Venkatarami Reddy, and his assistant Eswar Reddy, both hailing from Kadapa district, were taken into custody. The police quickly arranged counting machines to count the seized cash. It is learnt that Venkatarami Reddy is related to Srinivas Reddy and the police are verifying his claim.

Venkatarami Reddy reportedly said the money belonged to the Reddys. The police are yet to verify and confirm the claim.