Reportedly on April 24 and 30, two cases were registered by Cyberabad police against the Chief Executive Officer of Associated Broadcasting Company Ltd (ABCL) Ravi Prakash, Telugu film actor S shivaji and others in hyderabad for allegedly cheating the company's promoters by forging documents. Meanwhile they are accused of forging the signature of Alanda Media Entertainments Pvt Ltd. Director kaushik Rao.
Furthermore according to police, kaushik Rao had alleged that Ravi Prakash, S shivaji and others forged his signature and wrote a letter to the board stating that Rao was against the appointment of four new directors. Reportedly ABCL runs news channels under the brand name TV9 and it is only sometime back that Alanda Media and Entertainment had reportedly bought 90% majority stake in ABCL and it is to be noted that well-known businessman Jupally Rameshwar Rao of the MyHome group is a key director of Alanda.
Moreover when acting on the complaint, on Thursday, police teams carried out searches at four places, including TV9 office, residences of Ravi Prakash, S shivaji and MVKN Murthy, in Banjara Hills, Himayath Nagar and Khairatabad respectively. Apparently Cyberabad Police Commissioner VC Sajjanar said that during the search several important documents and electronic evidence were seized which will be sent to Telangana State Forensic Science Laboratory for further analysis. Further the duo have been booked under IPC sections 420 (cheating), 468 (Forgery for purpose of cheating), 471 (Forged document) and 472 (making or possessing counterfeit seal), among others including some under IT Acts.
