Real estate dealer arrested for defrauding film company of over ₹20 crore

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The Tambaram Police person arrested existent property dealer, EVP Santosh Reddy for allegedly defrauding Vels Film International of astir ₹22 crore. 

Tambaram Police said a ailment was filed by Vels Film International against Santosh Reddy of the EVP radical and his associates.

The ailment alleges that they entered into an statement regarding the absorption of astir 34.75 acres of onshore successful the Sholinganallur area, regarding the absorption of astir 34.75 acres of onshore successful the Sholinganallur area, concerning the Vels Trade and Convention Center property, which comprises studios, theaters, and guesthouses located there.

Based connected this, the Vels institution paid ₹15 crore and again ₹6.81 crore. Later, upon examining the documents provided by Santosh Reddy, it was discovered to beryllium without immoderate due completion certificates and indispensable permits thereby defrauding the movie company. 

Based connected their complaint, the Tambaram Central Crime Branch constabulary arrested Santosh Reddy. 

Published - February 09, 2026 12:34 americium IST

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