The owner of a local news channel was held by Saifabad police for trying to extort Rs.50 Lakhs from a business family on the pretext of possessing damning video content against them. The accused was identified as Shahid Quereishi, is the CEO of What's up News and Entertainment which is located at Khairatabad.


The victim Hamed Saberi has apprised that Shahid has made a 30-minute long video against him and his family members calling them as white collar criminals. The video shows that Saberi has cheated many people including celebrities.


Hamed Saberi has also stated that the video contains false and defamatory content tarnishing family's reputation which has been circulated on the social media by the CEO of News and Entertainment channel.


Meanwhile Saberi has informed police that on April 12 a man named Fayyazuddin Ahmed has come to his home and has demanded Rs 50 Lakhs to stop the video from being aired. DCP VB Kamalasan Reddy said that they have lodged complaint against Shahid under sections 385 of the IPC and section 66 of the IT Act and the accused will be produced before the court.



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