Hyderabad,
Nov 8: The Police have identified that the money seized on Wednesday
from an auto in front of DGP office here belongs to one Ramarao, who
hails from Kurnool district. Ramarao surrendered in front of the CCS
police on Thursday afternoon, and stated that the money belonged to
him. Rama Rao is the trust chairman of Bala Sai Baba, a Kurnool-based
lookalike of Satya Sai Baba. There are several allegations including
land grabbing against the Baba in the media.
Speaking to
the media after inquiring about Ramarao’s credentials in all angles,
Central Zone DCP Tharun Joshi, said that they handed over Ramarao to
Income Tax officials for further inquiry.
Joshi said that
Ramarao had withdrawn Rs.4.90 crores from the Andhra Bank, Domalguda
branch, to purchase 27 acres of land in Mysore City. Ramarao lent the
remaining money. Ramarao has changed the Bala Sai Baba Trust’s FDs as
money.
The Police has also identified that Ramaro was residing at Domalguda area and was also chairman of Bala Sai Baba Trust.
According
to Joshi, Ramarao said that he had all the required documents of the
money. Ramarao also said that the land deal was finalized with one
advocate Ansari and he had come to the City on Wednesday.
It
may be recalled that the police seized Rs.6.70crores from an auto which
was suspiciously stopped in front of the DGP office here on Wednesday.
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