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Hyd: Rakesh Reddy booked in extortion case


HYDERABAD: Days after the final touch of Rakesh Reddy’s wondering through Hyderabad police within the sensational murder of businessman C Jayaram, Jubilee Hills police registered any other case towards Rakesh on Friday for extortion, in response to a complaint lodged through Pragati Resorts managing director GBK Rao.

Jubilee Hills police said that Rao had lodged a complaint on Thursday claiming that several years in the past Rakesh Reddy had compelled him to signal paperwork to get a work of precious land belonging to Rao transferred within the title of Rakesh’s associate.

“According to Rao, the incident happened in 2012. Rakesh got here to Pragati Resorts at the behest of an individual to whom Rao used to be meant to go back money. As Rao did not pay the money on time, Rakesh compelled Rao to signal paperwork pertaining to land located in Moinabad and Shankarpalli,” Jubilee Hills inspector Okay Balakrishna Reddy said.

The victim used to be meant to go back about Rs 7 crore to considered one of his acquaintances. As he may just now not repay the money, the victim’s acquaintance approached Rakesh to assist him get the money.


Jubilee Hills police registered a case under IPC sections 448 (punishment for trespass) and 386 (Extortion through striking an individual in fear of demise or grievous injury).


When asked about the prolong in lodging the complaint, the police said that the victim feared repercussions from Rakesh if a case is lodged.


After Rakesh Reddy used to be arrested within the murder case, investigators came upon his alleged nexus with policemen, rowdy sheeters and land grabbers. So far, five individuals together with Rakesh had been arrested within the murder case. Investigators have probed two police officers concerned within the murder case and a few other policemen allegedly having hyperlinks with Rakesh are yet to be wondered.




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