Summary:
He opened bank accounts for his driver and accountant and transferred about Rs 1 crore into those accounts. Officials have seized the documents, cash and gold found in his house. He gives money to realtors and bullion traders.Sources said that the minimum amount Ramesh lends is Rs 15 lakh and it goes up to Rs 1 crore. It was learned that he even paid huge ransom to the gang to get released unhurt. Cases have been filed against him under relevant sections of tax evasion and notices have been issued to him.Sources in Tirupati police department said that Kandishetti Ramesh was reportedly kidnapped by a gang about three months ago..