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Home | Hyderabad | Two Held In Hyderabad For 2bhk Fraud

Two held in Hyderabad for 2BHK fraud

Hyderabad: The Shamshabad Police Special Operations Team along with the Sanathnagar police on Friday caught two persons on charges of impersonation and cheating at least 100 persons after promising them double bedroom houses under the Dignity Housing Scheme. Police recovered Rs 37 lakh, gold worth Rs 15 lakh, automobiles and other material, all together worth […]

By Telangana Today
Published Date - 3 September 2021, 11:22 PM
Two held in Hyderabad for 2BHK fraud
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Hyderabad: The Shamshabad Police Special Operations Team along with the Sanathnagar police on Friday caught two persons on charges of impersonation and cheating at least 100 persons after promising them double bedroom houses under the Dignity Housing Scheme.

Police recovered Rs 37 lakh, gold worth Rs 15 lakh, automobiles and other material, all together worth Rs 61 lakh from them. They were involved in 17 cases in Sanathnagar, Miyapur, Banjara Hills, Punjagutta, Medipally, Jubilee Hills, Saroornagar, Malakpet, SR Nagar and Jubilee Hills. The arrested persons were B Kumar Babu alias Prashanth Reddy alias Ramesh (35), a resident of Krishna Nagar in Yousufguda and currently staying in Borabanda and Shaik Salman (23), a photographer from Borabanda.


Balanagar DCP PV Padmaja said Prashanth Reddy, who took up jobs in various companies before turning to thefts and frauds in 2008, was arrested several times and jailed too.
“In 2015, he was arrested and jailed in a cheating case and after being released from the prison, he started cheating people in the guise of providing 2BHK houses by taking huge sums of money from them,” the DCP said.

According to the police, Prashanth introduced himself as the divisional manager of the State Housing Society and also as the GHMC division in-charge of the State Housing Board Department and gave false promises that he could get them 2BHK houses.

“Believing him, people gave between Rs 1.8 lakh to Rs 6.5 lakh per house. Once he got the money, he went absconding. He created fake Aadhar cards, PAN card, government ID cards, stamps and fake bill books on the name of the State Housing Board Society and fake sanctioning certificates with Salman’s help,” Padmaja said, adding that the two had issued fake sanctioning certificates on the name of the Revenue Divisional Officer, Hyderabad.

Based on a complaint, the Sanathnagar police booked a case and nabbed them.


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