The police have arrested a gang of four persons for duping people into buying objects like bowls, pots, and coins, claiming they would attract rice by virtue of having supernatural powers.
The police also seized an amount of Rs 34,19,000, an Innova car, three rice pulling bowls and eight cell phones from the possession of those arrested.
The gang was apprehended by the commissioner's task force, Hyderabad and North Zone task force.
"This gang would catch hold of innocent people and manipulate them to purchase the rice pulling bowl. The accused Vema Anjaneyulu, Md Fazaluddin, T Bablu and S Babu Rao maintained an office on the fourth floor of Surya Towers in Secunderabad," the police informed.
A victim, G Vishnumurthy, a car driver, lodged a complaint earlier this month in Bowenpally under section 420 and 406 of IPC.
The accused lured the victim by promising that they will get Rs 2 to 3 crore if he invested Rs 20 lakh. The victim got convinced and further roped his friends to invest money in rice pulling business.
Another victim Thammishetty Ramesh lodged a complaint on December 16 at the Mahankali Police Station.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
