Ramesh, a famous Telugu film producer who has also given noted films in Tamil including '‘Pokirri' was supposed to produce Vikram's 'Rajapattai' which will be directed by Suseenthiran.

On Friday, Ramesh was nabbed in Chennai by the Andhra Pradesh Crime Investigation Department (CID). He was arrested at the Chennai airport on Friday as he was about to leave abroad with two of his sons.

He recently launched 'Rajapattai' with Vikram and Deeksha Seth essaying the lead roles and Suseenthiran directing the film, it was also rumoured that Deeksha Seth was roped in to play the heroine at a very high price for a debutant, and the price was higher than her usual Telugu films as well!

It is said that, Ramesh handled the binami works of Bhanu Kiran, who is the accused in the murder case of Suri (Remember RGV was inspired by his life, based on which was 'Rathacharithra'?), and Bhanu Kiran in turn financed Ramesh's films.

The complainant Vijayanthi Reddy alleged that Ramesh cheated them by not repaying a sum of more than Rs 14 crore. He seems to have borrowed around Rs 18 crore and returned only about Rs 3.4 crore rupees, that too in the form of three flats. When they insisted they want the money back, with Bhanu Kiran's assistance he seems to have threatened the complainant if they ask for the cash.

Various cases have been registered against Ramesh and since then he was in hiding, he was captured on Friday. He will be produced in the Chennai court and taken to Hyderabad through a transit warrant.