New Delhi, Nov. 1 -- The CBI Court, Hyderabad, Telangana, has convicted and sentenced V Chalapathi Rao, a Computer Operator at SBI, Chandulal Baradari Branch, Hyderabad, Telangana, to two years' Rigorous Imprisonment (RI) with a fine of Rs 36,000 in a bank fraud case.

The Central Bureau of Investigation (CBI) registered the instant case on 01.05.2002 against Rao and three others on allegations that during 1996-2000, the accused VChalapathi Rao entered into criminal conspiracy with PP Krishna Rao, the then Branch Manager, SBI, Chandulal Baradari Branch, Hyderabad and two private accused Viraja, W/o the accused Chalapathi Rao and Kaleem Pasha and obtained pecuniary gain in the matter of sanction and release of Big Buy Loans based on false ...