Police get custody of Shilpa Chowdary

Fri 03 Dec 2021, 11:36:22
Hyderabad: A local court on Thursday allowed the police five days custody of socialite turned Tollywood producer T Shilpa Chowdary.

Earlier, the Narsingi police had filed a petition seeking seven days custody of Shilpa Chowdary and her husband T Srinivas Prasad for further questioning in connection with the alleged multi-crore fraud case. The court in the meanwhile, dismissed her bail petition but granted bail to her husband.

The couple was arrested last Saturday, following cases booked against them on charges of cheating people on the pretext of investment in real estate. Under the guise of hosting kitty parties at their villa

in Gandipet, Shilpa reportedly lured several persons, including business persons and film actors into investing huge money in the real estate business.

The police during the preliminary investigation learned that the money collected by the couple was diverted into real estate business. The police identified a few accounts where the money was transferred and are also probing other channels through which the money was collected and diverted.

A few more people who were allegedly cheated by the couple are expected to approach the police and lodge complaints, officials said.

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