Summary:
Hyderabad: Rachakonda Police have unearthed a massive racket wherein a West Bengal resident has been duping people of their hard earned money by offering attractive returns. According to Mahesh Bhagwat, Rachakonda Commissioner of Police, the accused is native of Antila village, Ulubera District. He lured people by saying that during raids his office has seized gold biscuits from the passengers who had no purchase bills. According to early estimates he has collected Rs 5 crore from the public and was rotating the money among investors. The Special Operations Team started hunting for him and tracked down his Maruthi Ertiga vehicle in Dhouli area of Bhuvaneshwar, Odisha..