Three held for DD fraud

March 30, 2013 12:21 am | Updated October 18, 2016 02:16 pm IST

A person claiming as Indian National Trade Union Congress leader and two of his associates, who fraudulently encashed two demand drafts of a trust embezzling Rs. 22 lakh, were arrested by the police on Friday.

The prime accused, Ambati Krishna Murthy, 52, used to tell people that he was INTUC leader. One of his friends, Vijay Doula, working for Delhi-based SRM Foundation had given him three demand drafts –each of Rs. 11 lakh- to purchase land for the Foundation in Raipur of Chattisgarh.

Murthy had returned one demand draft stating that it had expired and kept the remaining two with him, the Hyderabad Central Crime Station Inspector M. Shankar said. With the help of his acquaintances S. Venkatanarayana, 42, and K. Lakshminarayana, 52, he opened an account with Bank of Baroda in the name of SRM Foundation by submitting fabricated documents and letterheads.

Later, he presented the two DDs in the bank, withdrew the cash from the account. The trio purchased two cars and a flat in Adarshnagar with the money thus acquired.

Held on extortion charge

Meanwhile, the Cyber Crime wing of the CCS on Friday had arrested a person P. Ramesh, 31, who allegedly tried to extort money from Hyderabad Metro Water Supply and Sewerage Board chief general manager, Ravindranath, posing as Maoist.

The accused had sent threatening messages to the official claiming that he was Maoist Mahbubnagar squad commander.

Investigation revealed that Ramesh had earlier worked as driver for Ravindranath for nearly nine years. The driver had quit the job for some time and wanted to join again but by then another person was hired by Ravindranath.

Ramesh bore grudge against the officer in this regard and sent the threatening messages to harass him, the police said.

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