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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.

    Also Read: 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.

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