Hyderabad, July 17 -- The Jubilee Hills police arrested two persons on charges of being part of a scam to encash Chief Minister's Relief Fund (CMRF) cheques on the basis of forged documents and accounts. The two accused, Jogula Naresh Kumar and Balagoni Venkatesh, allegedly diverted Rs 8.71 lakh through the scam.

As per the police, the duo cashed up to 19 CMRF cheques, which were for actual beneficiaries, by producing false documents and dealing through manipulated bank accounts. The amount misappropriated was distributed among themselves and their associates.

Three accused still absconding

Though two have been arrested, police said that three other suspects are absconding right now, and efforts are in progress to trace them.

The scam...