NOB_SECUNDERABAD: The Ramgopalpet Police apprehended a habitual offender involved in cheating people on the pretext of arranging bank loans. The case was registered in FIR No. 36/2026 under Sections 316(2), 318(4) r/w 3(5) BNS at Ramgopalpet Police Station, Secunderabad Zone.

According to the complaint lodged by Smt. Rakhi Jain (46), the accused, Turikepalli Bharath Sai Chandra (30), falsely introduced himself as an employee of a private bank and promised to arrange a loan of ₹2.8 crore. Gaining the victim’s trust through a bank manager’s introduction, he collected ₹10,69,800 through cash and online transfers and also took 190 grams of gold jewellery for alleged documentation purposes. Later, the victim realized that no loan was sanctioned and that she had been cheated.

Based on credible information, police apprehended the accused on 06-03-2026 at Fatehnagar Bridge while he was in a Ford Endeavour car (TS09EW2800). Police seized ₹4,00,000 cash, a gold biscuit weighing about 160 grams, an Apple iPhone 17 Pro, and the vehicle, while another ₹4,00,000 in his bank account is being frozen.

Investigation revealed that the accused is a habitual offender involved in eight previous criminal cases across Hyderabad, Malkajgiri, Cyberabad, and Khammam Commissionerates. He used to pose as a bank employee, collect processing fees and valuables from victims by promising loans, and later abscond.

Further investigation is in progress.