Hyderabad, Sept. 13 -- Telangana excise officials are claiming that the drugs seized by Maharashtra police during a raid on Vagdevi Laboratories in Cherlapalli last week were not worth Rs 12,000 crore as reported in the media, but was just worth just Rs 11.95 crore.

Excise minister Jupally Krishna Rao held a review meeting with the excise officials in Hyderabad on Saturday, September 13. The officials informed him that they were still awaiting a report from the Maharashtra police on the actual value of the drugs seized from Cherlapalli industrial area in Hyderabad.

The officials claimed that the value of the drugs was being wrongly reported by the media.

Warning the officials not to let him see a repeat of something like the Cherlapall...