Telangana ACB Disproportionate Assets Case: 1.2 Kg Gold Seized, Assets Pegged at ₹7.83 Crore from Ranga Reddy Sub-Registrar
Telangana ACB disproportionate assets case uncovers 1.2 kg gold and assets worth ₹7.83 crore in a major corruption probe in Ranga Reddy district.
In a high-profile anti-corruption action, the Telangana Anti-Corruption Bureau has booked a disproportionate assets case against Kandadi Madhusudhan Reddy, Joint Sub-Registrar of Ranga Reddy district, who is presently under suspension.
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The case has drawn sharp attention after investigators recovered approximately 1.2 kilograms of gold, indicating a scale of wealth far beyond the official’s known sources of income.
Assets Valued at ₹7.83 Crore, Market Worth Likely Much Higher
According to officials, the total assets seized and identified so far are valued at ₹7.83 crore based on document values. However, investigators have underlined that the actual market value is expected to be significantly higher, especially considering the nature and location of the properties.
Assets Identified During Searches on January 23:
- Around 1.2 kg of gold ornaments
- ₹9 lakh in cash
- Multiple residential houses
- A farmhouse
- Commercial properties
- Agricultural land holdings
- Luxury vehicles
The valuation exercise is still underway, and authorities say revised estimates could substantially raise the overall asset figure.
Gold, Property and Lifestyle Assets Under Detailed Scrutiny
The seizure of such a large quantity of gold has become a central focus of the probe, with officials examining purchase timelines, source of funds, and possible concealment of ownership. Property documents and vehicle records are also being cross verified with declared income and service records.
Investigators believe the document value alone does not reflect the real extent of wealth, especially in property transactions where circle rates are often far below prevailing market prices.
Liquor Business Investments Add Another Layer
Adding to the seriousness of the Telangana ACB disproportionate assets case, officials also detected around ₹80 lakh invested in liquor-related businesses and shell companies, allegedly in the names of family members. These financial links are being examined to determine whether they were used to route or hide unaccounted income.
Probe Continues, More Revelations Expected
The Telangana ACB has stated that the investigation is ongoing, with deeper financial analysis, asset revaluation, and examination of benami patterns underway. Officials have not ruled out further action as new evidence emerges.
This report is original reporting by Munsif News 24×7, focusing on transparency and public accountability.
The recovery of 1.2 kg of gold and the identification of ₹7.83 crore worth of assets—at document value alone— underline the gravity of the Telangana ACB disproportionate assets case. With market valuations expected to be much higher, the case stands as one of the most significant corruption probes involving the registration department in recent times.
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