As reported earlier, Tirumala Tirupati Devasthanams (TTD) Trust Board member J. Sekhar Reddy was sacked by the Andhra Pradesh government after Income-Tax Department raided his Chennai residences and his offices.
Surprisingly, Rs 31 crore worth of new Rs. 2,000 notes had made way to Sekhar Reddy’s house from the printing press. About 10 SBI bank officials were interrogated in this case.
After income tax raids on the premises of his and his partners in Tamil Nadu unearthed a staggering stash of over Rs 131 crore and gold bars weighing 170 kg.