On a complaint given by the school student parents for delaying to return their deposits despite of due date . He was arrested by CCS Police.
Keshav Reddy has collected deposits worth 550 crore from about 11 thousands parents of 13 districts students studying in 40 schools across Andhra Pradesh alone.
Parents of the students started protesting before the schools demanding to pay back their matured deposits . Keshav Reddy will be produced before court .