The Madhapur police registered a case against Srinivas who had excavated earth to construct a cellar and lay foundation for a building that eventually led to the tilting of an adjoining building at Siddiqnagar on Tuesday evening.
According to the police, Saddan Ansari whose earning through eatery, decided to earn money the easy way, therefore falsely promised business loans on commission basis to businessmen
The man M Sai Kiran (23), a resident of Parvathnagar came to Cable Bridge around afternoon and tried to jump from the bridge into the Durgam Cheruvu lake.
The woman, Anshu Priya (27) a native of Delhi and a resident of Madhapur shifted to the city four years ago and worked as a texture artist at a studio in the city.
The arrested persons Madella Abhishek (24), E Komaleshwar (24) and Eluri Prem Kumar (23) of Ramagundam along with one Harish teamed up and allegedly duped the vehicle owners.
Following the incident, Tollywood superstar Mahesh Babu and Namrata Shirodkar issued a statement against the misuse of their daughter's identity on Instagram.