MD of Chandana Bros arrested

2000-nRama Rao, Managing Director of Chandana Brothers, noted textile shopping chain, was detained in a cheating case today by SR Nagar police of Hyderabad. The case was pertaining to a letter submitted to the police by Mr Rama Rao, alleging that it has been written by Mr Phanindra, son of former minister of United AP, Kanna Lakshminarayana. The police found it was a fake and forged letter and basing on the plaint by Phanindra, he was arrested. Mr Rama Rao was said to have approached for a loan of Rs 10 crore which led to a misunderstanding between the two.

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