Telangana: Two held for duping woman of Rs 85 lakh

HYDERABAD: Cyberabad police arrested a TV actor and his associate for allegedly duping a woman of Rs 85 lakh by promising to start a business venture in Gandipet. The accused are A Laxmi Narsimha Reddy, 37, a TV actor from Masjid Banda in Gachibowli and M Jayanthi Goud, 31, a social worker from HB Colony in Moulali.
According to the police, Laxmi had told the complainant, Sindhura Reddy, 31, a businesswoman from Khajaguda in 2017, that he has four acres of land at Gandipet worth Rs 100 crore.
In August 2017, the complainant entered into an agreement with Laxmi to invest Rs 1 crore in the business with him. “The complainant paid Rs 85 lakh in cash and through cheques. Even after the amount was invested, the accused failed to show any development on the land as per the agreement,” Raidurgam inspector G Rajagopal Reddy said.
When the complainant asked Laxmi to return the amount, the accused threatened her with dire consequences and tried to extort Rs 50,000 from her by blackmailing her, the inspector said.
Based on a complaint lodged by the victim, police arrested the duo and sent them in judicial remand on Tuesday.