Sreeramulu is a mining baron, whose name has been indicted in the illegal mining report prepared by Justice Santosh Hegde.
The BJP leader announced his resignation at a press conference in Bangalore on Sep 4. I was hurt by the way I was treated after the illegal mining report," Sreeramulu said.
Rumours also milled that Sreeramulu was contemplating to float a regional party, but sources close to him refused to confirm it. On Friday, Sreeramulu had dropped a hint that he would spell out his future political moves in a couple of days.
Apart from Sreeramulu, Janardhana Reddy and his brother G Karunakara Reddy were upset after the BJP high command did not favour their inclusion in the ministry led by chief minister DV Sadananda Gowda, in the wake of a Lokayukta report indicting them in illegal mining.