Hyderabad Court Takes Up Film Director's Son's Fraud Complaint
In a significant development from Hyderabad, Amitov Teja, the son of noted film director Dharma Teja, has approached a local court with serious allegations. He claims that two stockbrokers from Moti Nagar cheated him out of a substantial sum of Rs 72 lakh. The case revolves around fabricated trading profits and a compensation deal that allegedly fell through.
Police Register Criminal Case Based on Court Referral
Acting on the court-referred complaint, the Jubilee Hills police officially registered a criminal case against the accused on Monday. This legal action marks a crucial step in the investigation process. The police have taken the matter seriously following judicial directions.
How the Alleged Fraud Unfolded
According to the detailed complaint, the stockbrokers identified as Y Anusha, aged 35, and her husband K Praneeth, aged 34, first met Amitov Teja in April 2025. They reportedly made enticing promises of guaranteed high returns on stock trading through their services. Trusting their assurance of risk-free profits, Amitov decided to invest his money with the duo.
The complaint further states that the couple engaged in high-risk trades using Amitov's funds. These transactions resulted in a significant loss of Rs 63.15 lakh. However, instead of informing him about the losses, the accused allegedly sent him forged statements showing artificial gains. They also collected an additional Rs 9 lakh as commission during this period.
Compensation Deal and Subsequent Stalling
When Amitov Teja confronted the stockbrokers about the situation, they reportedly offered a flat in Moti Nagar as compensation. This property was valued at approximately Rs 35 lakh. The parties executed an agreement of sale on May 26, 2025, to formalize this arrangement.
However, the complaint alleges that the couple subsequently stalled the registration process. They eventually stopped answering Amitov's calls altogether, leaving the compensation deal incomplete. This prompted Amitov to file a civil suit in the city civil court to seek legal recourse.
Alleged Threats and Legal Escalation
Following the civil suit filing, the accused allegedly threatened Amitov Teja with serious consequences. They reportedly warned him about potential suicide threats and false police cases if he continued to pursue the matter legally. These alleged intimidation tactics added another layer to the already complex situation.
Amitov then approached a local court with his complaint. The court examined the matter and referred it to the police for proper investigation. This judicial referral set the stage for formal police action against the accused individuals.
Official Police Statement and Charges
Jubilee Hills Sub-Inspector K Somasekhar Goud provided official details about the case registration. "On the directions of the XVII additional chief metropolitan magistrate, Nampally, we have registered a case against the couple," stated SI Goud. The police have invoked specific sections of the Bharatiya Nyaya Sanhita and Bharatiya Nagarik Suraksha Sanhita.
The registered case includes charges under:
- Section 316 for criminal breach of trust
- Section 336 for forgery
- Section 351 for criminal intimidation
- Section 175(3) of the Bharatiya Nagarik Suraksha Sanhita
This comprehensive legal action reflects the seriousness of the allegations made by Amitov Teja. The Hyderabad police investigation is now underway to examine all aspects of this alleged financial fraud case involving substantial amounts and serious charges.
