Police searches Prathima multiplex in Karimnagar

Police, who carried out checking in multiplexes based on reliable information about hiding money, reportedly seized Rs 6.65 crore

Karimnagar: Karimnagar police conducted raids on Prathima Multiplex in Karimnagar town and seized Rs.6.67 crore of allegedly unaccounted money after an eight hour search on Saturday.

Karimnagar police led by Town ACP Narender started the raids at 1.30 am and continued the search till morning. They said they seized Rs.6,67,32,050 from the accountant’s office in the cellar of the multiplex. The cash was seized as the general manager P Raghavendra Babu allegedly failed to account for the money.

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The entire process was video recorded and the seized cash was handed over to Income Tax department officials, Narender said.

Prathima Multiplex is owned by the relatives of BRS leader and former MP B Vinod Kumar. The former MP operates his political activities from the multiplex. The police move raised questions since the raids were carried out just a few hours before the notification for Parliament polls was out.