Synopsis: Hyderabad’s CCS probes a ₹7.64 crore fraud involving Revathi Tobacco Company’s shares, illegally transferred by four sisters—Anuradha Vippala, Sridevi Kajjam, Ananda Devi Logishetty, and Tulja Bhavani Myadam—defying their father’s will. Myadam Kartekeya’s complaint alleges forgery, cheating, and breach of trust, with the 184-acre land’s mismanagement sparking a high-stakes investigation by the Economic Offences Wing.
The Central Crime Station (CCS), Hyderabad, has registered a case involving an alleged fraudulent transfer of shares worth over ₹7.64 crore in Revathi Tobacco Company Pvt Ltd., following a complaint by Myadam Kartekeya, grandson of Myadam Kishan Rao, who also funded Bombino Agro Industries Limited in 1982.
The case, initially filed at Mahankali Police Station, was