Secunderabad, Telangana: In a significant breakthrough, the Ramgopalpet Police Station successfully apprehended a habitual offender involved in cheating people on the pretext of arranging bank loans.
The accused has been identified as Turikepalli Bharath Sai Chandra (30). The case was registered under FIR No. 36/2026 under Sections 316(2), 318(4) r/w 3(5) of the BNS following a complaint lodged by Rakhi Jain (46).
According to police, the accused falsely introduced himself as an employee of a private bank and promised to arrange a loan of ₹2.8 crore for the victim. Gaining her trust through a bank manager’s introduction, he allegedly collected ₹10,69,800 through cash and online transfers and also took 190 grams of gold jewellery for documentation purposes. Later, the victim realised that no loan had been sanctioned and that she had been cheated.
Acting on credible information, the Ramgopalpet Police apprehended the accused on March 6, 2026, at Fatehnagar Bridge while he was travelling in a Ford Endeavour car.
During the operation, police seized ₹4, 00,000 in cash, a gold biscuit weighing about 160 grams, an Apple iPhone 17 Pro, and the vehicle used by the accused. Additionally, another ₹4, 00,000 in his bank account has been frozen as part of the investigation.
Preliminary inquiry revealed that the accused is a habitual offender involved in eight previous criminal cases across Hyderabad, Malkajgiri, Cyberabad, and Khammam Commissionerates. He allegedly used to pose as a bank employee, collect processing fees and valuables by promising loans, and later abscond.
Police officials stated that further investigation into the case is underway.
Our Citizen Reporter – Telangana
Mr. Bharath Reddy
