Three persons have been arrested by the Nagole police for duping hundreds of investors through a fraudulent high-return investment scheme that collected nearly ₹30 crore. The accused have been identified as Kitcha Veerabhadra Rao, 51, a resident of Bandlaguda, along with his wife Rajyalakshmi and their assistant Venkata Durga Prasad. Police said the trio operated the scheme under the name ‘Veerabhadra Trading’ between June 2024 and July 2025, luring people with promises of unusually high monthly returns. Published – April 01, 2026 09:01 pm IST Share this: Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Facebook (Opens in new window) Facebook Click to share on Threads (Opens in new window) Threads Click to share on X (Opens in new window) X Click to share on Telegram (Opens in new window) Telegram Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Pinterest (Opens in new window) Pinterest Click to email a link to a friend (Opens in new window) Email More Click to print (Opens in new window) Print Click to share on Reddit (Opens in new window) Reddit Click to share on Tumblr (Opens in new window) Tumblr Click to share on Pocket (Opens in new window) Pocket Click to share on Mastodon (Opens in new window) Mastodon Click to share on Nextdoor (Opens in new window) Nextdoor Click to share on Bluesky (Opens in new window) Bluesky Like this:Like Loading... Post navigation Minister calls Amaravati a ‘self-sustainable’ project Three seats in T.N. to witness a direct clash between Left and BJP