Hyderabad police have formed special teams to investigate an alleged Rs 4.50-crore property fraud involving 54 victims. The case concerns multiple sale and mortgage agreements executed for the same property in Madannapet, with the prime suspects currently absconding
A man identified as Kondapuram Lakshmikanth Reddy was arrested by CCS Hyderabad for duping victims of crores of rupees by promising imported gold at cheaper rates. Police said he posed as a trader linked to Dubai and Sri Lanka, shared fake videos, and collected Rs 2 crore from one victim.
