23-09-2025 12:00:00 AM
The Jubilee Hills Police have arrested two individuals in connection with a fraudulent scheme involving the embezzlement of Rs 8,71,000 from the Chief Minister’s Relief Fund (CMRF).
The accused, Pagadala Srinivasa Rao (23) and Yasa Venkateshwarulu (50), were found to have orchestrated a criminal conspiracy to misappropriate funds intended for genuine victims and beneficiaries.
Both suspects fraudulently deposited sanctioned CMRF cheques into their personal bank accounts and withdrew the funds for their own gain. Their actions not only cheated the Government but also deprived those who were rightfully entitled to the relief assistance.
Previously police arrested Potla Ravi (46), Janagama Nagaraju (40), Mateti Bhasker (33), Dharmaram Raju (50), Kampalli Santhosh (35), Chityala Laxmi (65) and Asampelli Laxmi on September 19. All these accused were identified as fake beneficiaries, who fraudulently caused the sanctioned CMRF cheques to be deposited into their personal accounts and subsequently withdrew the funds.