Hyderabad, January 19: While probing into the killing of faction leader Suryanarayana Reddy alias Suri, police today found that the prime suspect Bhanukiran has invested huge amounts on land in the city.
The lands were reportedly registered on the ‘benami’ names of Tollywood producer C Kalyan, sources said. They said Bhanu invested huge money belonging to Suri in films produced by Kalyan. He earned huge profits and invested the same in lands in more than 40 places in and around the city. Sources said that Bhanu and Suri fell apart following disputes over the former accumulating huge wealth out of this.
–Agencies