Hyderabad, May 13 -- In a noteworthy turn of events, the CCS police in Hyderabad have arrested A Shravan Kumar Rao, a prime accused in the case of phone tapping. Rao had earlier been accused of being part of illegal surveillance operations, but now he faces charges in relation to a serious financial fraud case as well.

The arrest follows a complaint filed by Akarsh Krishna, director of Akhand Infratech India Private Ltd, who alleged that Rao and his group cheated the company of more than Rs 6.58 crore.

Akhand Infratech alleges Rao, associates duped company

The complaint states that from November 2022 to December 2023, Akhand Infratech remitted money to the bank account of Acore Industries on the basis of a proposed iron ore trading agr...