Hyderabad

Kavali Gold Quest Scheme Fraud: Accused Arrested

The Crime Investigation Department arrested two most-wanted persons in different cases on Thursday. While one was detained at the Rajiv Gandhi International Airport at Shamshabad, the other was detained at the airport in Chennai.

Express News Service

HYDERABAD: The Crime Investigation Department arrested two most-wanted persons in different cases on Thursday. While one was detained at the Rajiv Gandhi International Airport at Shamshabad, the other was detained at the airport in Chennai.

Additional DGP (CID) T Krishna Prasad said that one of them, Raavi Ramesh Babu, is an accused in a cheating case registered at the Kavali II Town (T) police station in Nellore district.

In this case, several people of Kavali town were lured by local promoters of Gold Quest scheme run by Questnet Enterprises. Believing the promises of the accused, several people joined the scheme by paying `33,000 or `66,000 but were cheated. One of the outside promoters of the Gold Quest scheme is  Raavi Ramesh Babu. He is one of the main accused and had been absconding ever since the case was registered. As his activities are clandestine, the  economic offences wing of the CID opened a look-out circular (LOC) against him. Ramesh Babu was arrested by the immigration authorities at the Rajiv Gandhi International Airport.

On the information given by the immigration authorities, a CID team went to the airport and took the accused into custody to produce him before the magistrate concerned.

In another case, police arrested Swaminathan Sivanandan at the Chennai airport. Sivanandan is an accused in a dowry harassment case registered at the Pet Basheerabad police station here. At the request of the Cyberabad police commissioner, a look-out circular was opened against Sivanandan. The trial court issued an arrest warrant against him as he was not attending the court. He had gone to Doha in Qatar to escape arrest.

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