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Janardhana Reddy not in Hyderabad: Police

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Hyderabad, Nov 8: Hyderabad Police on Friday stated that mining baron Janardhana Reddy is not hiding in the city. Reddy is on the run to avoid arrest in Ponzi scheme.

File photo of mining baron Janardhana Reddy.

Cyberabad Commissioner VC Sajjanar clarified that unnecessary rumours are doing the rounds that Reddy is hiding in Hyderabad.

According to reports, Reddy has reportedly switched off his cell phone.

Reddy in the dock: How gold became a cover to avoid a Rs 18 crore money trail

Earlier, CCB cops raided Obulapuram Mining Company in Karnataka's Bellary. Cops scrutinised documents recovered at the office. The office is located beside Janardhana Reddy's residence.

The Central Crime Branch (CCB) formed a team to nab Reddy for his alleged involvement in a Ponzi scam.

Hyderabad Fact Check
Year
Candidate's Name Party Result Vote Vote Share Margin
2014
Asaduddin Owaisi AIMIM Winner 5,13,868 53% 2,02,454
Dr.bhagavanth Rao BJP Runner Up 3,11,414 32% 0

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