Archive · 3 Dec 2025
Brother Killed for ₹4.14 Crore Insurance
A man named Mamidi Naresh killed his older brother, Mamidi Venkatesh, to get ₹4.14 crore from insurance policies.
Naresh was in a lot of debt and wanted the money to pay it off.
He planned the murder with two friends, Rakesh and Pradeep.
They made it look like an accident, but the police found out the truth.
Naresh's nephew told the police that Naresh was driving the truck that killed Venkatesh.
The police found a video of the plan and arrested all three men.
Three men, including the victim's brother, were arrested for murdering him to claim ₹4.14 crore in insurance.
The main accused, Mamidi Naresh, was in debt and wanted to use the insurance money to pay off his debts.
Naresh and his accomplices staged the murder as a road accident.
The police discovered the truth after Naresh's nephew revealed that Naresh was driving the truck.
The police found a video of the murder conspiracy and insurance policies during their investigation.
- Who
- Mamidi Naresh, Namundla Rakesh, and Munigala Pradeep
- What
- Murder of Mamidi Venkatesh for insurance money
- When
- November 29
- Where
- Karimnagar district, Telangana
- Why
- To claim ₹4.14 crore insurance payout and waive a ₹20 lakh gold loan
- Victim
- Mamidi Venkatesh, 37
- Accused
- Mamidi Naresh, 30; Namundla Rakesh, 28; Munigala Pradeep, 29
- Location
- Karimnagar district, Telangana
- Insurance Payout
- ₹4.14 crore
- Gold Loan
- ₹20 lakh
- Debt
- ₹1.50 crore
- Date of Incident
- November 29
