Archive · 25 Sep 2026
Police Recover Nearly Rs 2 Crore From Three Accused
Police in Rajamahendravaram say three men took nearly Rs 2 crore in cash.
The money belonged to their employer, Kandula Suresh Kumar.
He had put the money in two bags inside his car.
He went to a gym near the State Bank of India regional office.
When he returned, his driver, Panduri Sai Siva, and the cash were gone.
The driver had also switched off his phone.
Police arrested three people and recovered most of the money.
They are continuing to investigate the case.
Rajamahendravaram One Town police recovered Rs 1,99,25,000 from three accused.
The cash allegedly belonged to their employer, Kandula Suresh Kumar.
Suresh Kumar had left Rs 2 crore in two bags inside his car for a bank deposit.
The cash and driver Panduri Sai Siva were allegedly missing after Suresh Kumar visited a gym on September 21.
Police arrested three men, registered a case and said further investigation is under way.
- Who
- Rajamahendravaram One Town police arrested Panduri Sai Siva, Appabathula Durga Vara Prasad and Panduri Veera Venkata Satya Prasad; the cash belonged to Kandula Suresh Kumar.
- What
- Police recovered Rs 1,99,25,000 after three accused allegedly took Rs 2 crore belonging to their employer.
- When
- The alleged incident occurred on September 21, with Suresh Kumar returning at about 8.45 am.
- Where
- Near a gym close to the State Bank of India regional office in Danavaipeta, Rajamahendravaram.
- Why
- Suresh Kumar had left the cash in his car for deposit in a bank; police allege it was taken by the accused.
- Amount allegedly taken
- Rs 2 crore
- Amount recovered
- Rs 1,99,25,000
- Number of accused arrested
- Three
- Complainant
- Kandula Suresh Kumar
- Reported incident date
- September 21
- Reported time of return
- About 8.45 am
- Investigating police unit
- Rajamahendravaram One Town police