Singanamala Ramesh, the producer of Vikram's Rajapattai to be directed by Suseendhiran has been arrested at his Velacherry home, in Chennai, in connection with three fraud and cheating cases, in which he is among the accused.
The financier-turned-producer, who was on the run for the past six months for allegedly threatening a woman, Vijayanti, to whom he owed Rs 14.69 crore, was nabbed by the Andhra Pradesh Crime Investigation Department (CID) from Chennai.
Based on the complaint lodged by Vijayanti, CCS police had earlier booked criminal cases against Ramesh on January 13.
Ramesh Babu and his wife Vidyadhari obtained a loan of Rs.18.12 crore from Ms. Vaijayanthi Reddy and her husband for film production. They claimed to own property measuring 9 acres and 53 cents, located in Poonjeri village, Mahabalipuram Road, near Chennai.
The couple subsequently repaid Rs.3.42 crore through registration of three flats in the city.
Based on the information, a CID team took Singanamala Ramesh Babu into custody from Chennai and started questioning him. They also conducted a search at his premises and other places to find out any incriminating material and documents, CID Additional Director General of Police S V Ramana Murthy said.
In the recent past, Singanamala Ramesh became popular after producing big budget movies like 'Komaram Puli' starring Pawan Kalyan and 'Khaleja' with Mahesh Babu as the hero.
Two months after taking over the case from Hyderabad city police, Crime Investigation Department (CID) sleuths have made a significant breakthrough in Maddelacheruvu Suri murder case by arresting Singanamala Ramesh Babu, a Tollywood producer and close associate of the prime suspect, Bhanu.
There is yet another case on Ramesh where he is accused of cheating Shalimaar Video company.
Singanamala Ramesh's father Satya Rama Murthy is a senior film financier. Nampally sessions court had denied anticipated bail petition of Singanamala Ramesh recently.
There are several blackmail allegations on Ramesh. He used to apparently use the names of Suri and Bhanu to threaten film personalities and financiers.
Based on the complaint lodged by Vijayanti, CCS police had earlier booked criminal cases against Ramesh on January 13.
Ramesh Babu and his wife Vidyadhari obtained a loan of Rs.18.12 crore from Ms. Vaijayanthi Reddy and her husband for film production. They claimed to own property measuring 9 acres and 53 cents, located in Poonjeri village, Mahabalipuram Road, near Chennai.
The couple subsequently repaid Rs.3.42 crore through registration of three flats in the city.
Based on the information, a CID team took Singanamala Ramesh Babu into custody from Chennai and started questioning him. They also conducted a search at his premises and other places to find out any incriminating material and documents, CID Additional Director General of Police S V Ramana Murthy said.
In the recent past, Singanamala Ramesh became popular after producing big budget movies like 'Komaram Puli' starring Pawan Kalyan and 'Khaleja' with Mahesh Babu as the hero.
Two months after taking over the case from Hyderabad city police, Crime Investigation Department (CID) sleuths have made a significant breakthrough in Maddelacheruvu Suri murder case by arresting Singanamala Ramesh Babu, a Tollywood producer and close associate of the prime suspect, Bhanu.
There is yet another case on Ramesh where he is accused of cheating Shalimaar Video company.
Singanamala Ramesh's father Satya Rama Murthy is a senior film financier. Nampally sessions court had denied anticipated bail petition of Singanamala Ramesh recently.
There are several blackmail allegations on Ramesh. He used to apparently use the names of Suri and Bhanu to threaten film personalities and financiers.
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