IT dept arrests AB Hotel's MD and son at airport

Hyderabad, Oct 19 (UNI) IT officials today arrested the Managing Director of Delhi-based AB Hotels Ramesh Kapoor and his son Amit at the airport here and seized Rs 2.8 crore from them and another bag containing Rs 50 lakh from a hotel room booked in their name.

IT Department Director General M Ahmed said on a tip off officials arrested the two when they alighted from a flight from Delhi.

The official told reporters both the persons had revealed during interrogation that they came to the city to invest in real estate and to buy plots at Hitech city where land prices were skyrocketing.

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