Donthireddy Achyutha Reddy, a Tollywood producer is arrested under non-bail able warrant on yesterday for allegedly cheating people to the tune of Rs 2 crores.
He has produced the movies like ‘Aayana Six Teens’, ‘Athadu + Aame = 9 Nelalu’ and a TV serial ‘Akhila’ in the past, though all proved failures at the box office. Hence, producer Reddy underwent a huge capital loss and became a debtor. He used to cheat giving cheques to the lenders and all of which were bounced in the banks.
Reddy was also convicted in 14 civil cases under the Negotiable Instruments Act of various courts in Hyderabad and had gone for appeal against his conviction.
The sleuths of Commissioner’s Task Force, (West Zone Team) took Donthireddy Achyutha Reddy into custody, and had issued an NBW in 2007 in the case, Additional Deputy Commissioner of Police K Raghuram Reddy said. And since then a non-bailable warrant was pending against Reddy.