This morning there is news that Income Tax Officials are raiding ramanaidu Studios and the offices of suresh Babu. The latest is that more teams are raiding various film celebrities and Production Houses. The complete details are yet to emerge.
Sources in the industry confirmed that searches are also being conducted at Hariska & Hassine Creations owned by producer S. krishna KUMAR' target='_blank' title='radha krishna-Latest Updates, Photos, Videos are a click away, CLICK NOW'>radha krishna, Wall poster cinema of actor nani and G. mahesh babu Entertainment Private Limited belonging to actor mahesh Babu.
At least 10 teams are reportedly conducting searches at the houses and offices of film actors. The entire industry is shaken by this sudden development. Several celebrities had to cancel their shoots and stay indoors due to the raids. In the last few months, Mythri movie Makers, Asian Cinemas, Dil Raju, and KL Narayana were also raided by the Department. There are strong speculations if these raids are going on with a particular motive or tip-off. Also, these raids come at the time when tollywood is going to severe turbulence for various reasons. As of now, the celebrities are fearing even to comment about the happenings in the industry.
