Archive · 1 Feb 2026
ED Attaches Assets in Telangana Fraud Cases
The Enforcement Directorate in Hyderabad has attached properties worth ₹5.15 crore belonging to a GHMC official, Dacha Janardhan Mahesh, for allegedly amassing illegal assets.
Separately, the ED attached properties worth ₹2.91 crore in a bank fraud case involving contractor Subbaiah Korrapati, who allegedly misused credit facilities and bank guarantees.
In another incident, a domestic help and her lover were arrested for stealing gold and silver jewelry from a bank manager's house in Jubilee Hills.
The stolen items and cash were partially recovered, and bank accounts of the accused were frozen.
ED attached 19 properties worth ₹5.15 crore belonging to GHMC official Dacha Janardhan Mahesh for illegal asset accumulation.
ED attached 4 properties worth ₹2.91 crore in a bank fraud case involving contractor Subbaiah Korrapati.
Korrapati allegedly fraudulently availed ₹10 crore credit from Syndicate Bank using forged documents.
Domestic help Juttuka Durga Bhavani and her lover Juttuka Papa Rao arrested for stealing jewelry and cash from a bank manager's house in Jubilee Hills.
Police recovered part of the stolen jewelry and cash, and froze bank accounts of the accused.
- Who
- Enforcement Directorate (ED), Dacha Janardhan Mahesh, Subbaiah Korrapati, Juttuka Durga Bhavani, Juttuka Papa Rao
- What
- Attachment of assets in fraud cases and arrest in theft case
- When
- Recent (specific dates not provided for ED cases)
- Where
- Hyderabad, Telangana
- Why
- Investigation into illegal asset accumulation and bank fraud
- Properties Attached (GHMC Official)
- 19 immovable properties valued at ₹5.15 crore
- Properties Attached (Bank Fraud)
- 4 properties valued at ₹2.91 crore
- Accused (GHMC Official)
- Dacha Janardhan Mahesh
- Accused (Bank Fraud)
- Subbaiah Korrapati
- Investigation Agency
- Enforcement Directorate (ED)
- Bank Involved (Bank Fraud)
- Syndicate Bank, Chandanagar
- Fraud Amount (Bank Fraud)
- ₹10 crore (principal), ₹12.3 crore (with interest)
- Theft Case Location
- Jubilee Hills, Hyderabad
- Theft Recovered
- 178.32 grams of gold, 12 grams of silver, ₹5 lakh cash