Superstar Mahesh Babu is striking headlines as the Enforcement Directorate has sent notices to him, in connection to a money laundering case. The news is currently creating a big buzz online. The case is regarding Hyderabad-based real estate firms, Sai Surya Developers and Surana Group.
As per the report in a leading English news daily, Mahesh endorsed the real estate projects launched by Sai Surya Developers and Surana Group. But these groups cheated buyers. Reportedly, Mahesh received Rs 5.9 crore for these endorsements — Rs 3.4 crore by cheque and Rs 2.5 crore in cash. Now, the cash payment has come under scrutiny.
Telangana Police filed multiple FIRs against Narendra Surana of Bhagyanagar Properties Ltd and Sathish Chandra Gupta of Sai Surya Developers. The allegation is that these two cheated buyers by selling plots in unauthorised layouts, reselling the same plots multiple times, and also made false promises about registrations.
As the ED began the probe, they noticed the payments made to Mahesh Babu and assumed that the 2.5 Cr rupees paid in cash must be a part of the laundering network.
Mahesh will have to attend the questioning on April 27th. More details are awaited.
This post was last modified on 22 April 2025 8:04 am
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