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The Hyderabad police on Friday arrested a businessman on charges of cheating innocent people and unemployed people on the pretext of providing hand loans by mortgaging land documents and promising partnership in a new startup software company. 

The arrested has been identified as Guru Sriranga Srinivas Bodanaboina (43),



a resident of Padmaja Colony in Guntur Task Force Additional Deputy Commissioner of Police, Ande Srinivasa Rao, said that Srinivas, a native of Prakasam district, studied up to a degree first year. He married Mohammed Asma Ara in 2016. Initially, he started his career by working as a software employee in Begumpet for a salary of Rs.14,000.
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