Hyderabad, Sept. 22 -- A couple who have been jailed for an alleged fraud of Rs 73 crore have been booked in a fresh case of scam of Rs 42 crore in a fake textile deal.

A businessman, Bhupathi Raju Venkata Narasimha Raju, filed a complaint against Sri Sai Ram Enterprises, Sandhya Rani, her husband Sridhar, and their associates Subbaraju, Ramdas, and N Koushik. Based on the complaint, the Economic Offences Wing of the Cyberabad police registered a case.

Textile trade trap

The accused projected themselves as owners of a textile business in Kukatpally, claiming to supply uniforms in bulk to hospitals and educational institutions. According to the police, the complainant stated that he had invested Rs 41 crore after being promised high ret...