Vijayawada: A realtor has been kidnapped in Tirupati after a suspected dispute over a high-value land transaction linked to a red sanders venture, according to police. The incident occurred on the evening of May 30 near the Nandakam tea shop in Seethamma Nagar.
Details of the Kidnapping
The victim, identified as Rasool, a resident of Seethamma Nagar, was allegedly abducted by a group of individuals. His brother Pradeep, a retired assistant sub-inspector of police, filed a complaint with the SV University police. The complaint states that the kidnapping is suspected to be connected to financial transactions made as part of the purchase of a venture reportedly containing valuable red sanders trees. The property was allegedly acquired for several crores, and disputes over monetary dealings are believed to have triggered the abduction.
Accused Named in Complaint
In his complaint, Pradeep has accused four individuals from Kadapa district — Manohar Reddy, Khaja Peer, Subba Reddy, and Shivakumar — of being involved in the kidnapping. Based on the complaint, the SV University police have registered a case under relevant sections of the Indian Penal Code and initiated an investigation.
Investigation Underway
Police sources confirmed that efforts are underway to verify the allegations, gather evidence, and track the whereabouts of the missing businessman. Investigators are also examining the financial background of the disputed real estate deal and the sequence of events leading up to the alleged kidnapping. Special teams have been formed to locate and rescue Rasool from the kidnappers.
Background of the Dispute
The red sanders venture in question is known to involve high-value timber, which is often illegally traded. The dispute likely arose over payments or ownership claims related to the land. Police are exploring all angles, including possible links to organized crime.
Police Appeal for Information
The authorities have appealed to the public for any information regarding the whereabouts of the accused or the victim. They have assured that strict action will be taken against those found guilty. Further updates are expected as the investigation progresses.
