Hyderabad: Spandan Gang Swindles ₹84 Lakh in Land Investment Scam, CCS Police Intervene
Loading more articles...
Hyderabad: 'Spandan' Gang Swindles Rs 84 Lakh in Land Investment Fraud; CCS Police Investigate
N
News18•22-03-2026, 06:56
Hyderabad: 'Spandan' Gang Swindles Rs 84 Lakh in Land Investment Fraud; CCS Police Investigate
•A gang led by Verupatla Surendrababu (alias Spandan) defrauded Bhukya Suresh Naik of Rs 84 lakh under the guise of land investments.
•Surendrababu lured the victim by claiming extensive real estate experience and political connections, promising double profits.
•The victim paid Rs 84 lakh in installments, only to find the promised plots were disputed or registered to others.
•Surendrababu absconded after giving a written assurance to repay the money, involving Nalla Velli Kranthikiran, Katasani Sujatha, Katasani Karunakar Reddy, Kadapakonda Sandeep Reddy, and Mohammed Hussain Shaik.
•The gang also defrauded another victim, Chola Muthyangiri, of Rs 87 lakh using similar tactics; CCS police are investigating and searching for the accused.
