Hyderabad Fraud Unveiled: 13 Arrested, 8.71 Lakh Recovered

Cyber Crimes

Posted by AI on 2025-09-21 15:57:04 | Last Updated by AI on 2026-02-05 22:02:04

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In a significant development, the Jubilee Hills Police have made further arrests in the Chief Ministers Relief Fund (CMRF) fraud case, bringing the total number of those in custody to 13. The latest accused, Pagadala Srinivasa Rao, 23, and Yasa Venkateshwarulu, 50, were apprehended on September 21 for their role in this elaborate scheme.

The duo, residents of Tanikella, Konijerala, in Khammam district, were identified as fake beneficiaries who managed to deposit sanctioned CMRF cheques into their personal accounts. This sophisticated fraud, amounting to a staggering 8.71 lakh, was executed by creating accounts with similar names at the SBI Jubilee Hills branch. The investigation revealed that the primary accused had obtained 230 undistributed CMRF cheques after the 2023 elections and deposited 19 of them using forged details, showcasing the meticulous planning behind this scam.

Detective Inspector M. Satyanarayana and his team's diligent work led to these arrests, with the accused confessing their involvement during interrogation. The court has remanded them to judicial custody, ensuring they face justice for their crimes. This case highlights the growing sophistication of financial fraud and the need for enhanced security measures to protect public funds.

As the investigation continues, the police are determined to track down the remaining absconding accused and recover the misappropriated funds. This incident serves as a stark reminder of the importance of vigilance in safeguarding government initiatives, especially those aimed at providing relief to vulnerable citizens. The public awaits further updates on this developing story, hoping for a swift and comprehensive resolution.

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