IT raids at Venkatesh, Nani's properties
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Raids by Income Tax sleuths have touched new spaces today. The properties of Venkatesh and Natural Star Nani have come under the scanner. Venky's residence has been raided because he is producer D Suresh Babu's brother and has stakes in Ramanaidu Studios.
As for Nani, unverified reports say that he has come under scrutiny because of a deal related to 'Jersey'. He is one of the biggest earners in the Telugu film industry.
As reported earlier, three properties related to Suresh Babu have been under the IT radar since morning. They are Suresh's residence, Suresh Productions' office in Film Nagar, and Ramanaidu Studios in Hyderabad.
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Devan Karthik
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