Three held in Nagole for ₹30 crore investment fraud targeting 290 investors

Three persons person been arrested by the Nagole constabulary for duping hundreds of investors done a fraudulent high-return concern strategy that collected astir ₹30 crore.

The accused person been identified arsenic Kitcha Veerabhadra Rao, 51, a nonmigratory of Bandlaguda, on with his woman Rajyalakshmi and their adjunct Venkata Durga Prasad. Police said the trio operated the strategy nether the sanction ‘Veerabhadra Trading’ betwixt June 2024 and July 2025, luring radical with promises of unusually precocious monthly returns.