Income Tax officials are rainding in Megha Krishna Reddy and his family members houses from past 6 days . Huge Gold has been recovered from the bank lockers of Megha family. These searches took place at Jubliee hills, Madapur and Kavuri Hills bank branches. All the Gold was unaccounted. The IT officials seized the Gold and wrote names on the boxes as Krishna reddy, Atchi Reddy and Phani Reddy.
The raids to continue for more 2 days and they would search for future more details regarding the transfer of huge money to politicians before elections. Thousands worth of Gold also has been seized and important documents too.
These IT Raids make spreading rumor that dealings with KCR and Narendra Modi are not good and Modi is targeting TRS friendly business man’s .