Visakhapatnam: Police have arrested two realtors for forging documents and trying to sell 12 acres of prime land to a third party in Vizag.
The accused have been identified as Jarapu Srinivasa Rao (51), a resident of Vizag city, and Vasamsetti Jayasurya (51), a native of Kakinada in East Godavari district. The third accused has been identified as B Ananda Raju, a native of the Nalgonda district, who is presently residing in the US.
Vizag city police chief Manish Kumar Sinha said Tummala Krishna Chowdary owned 12.26 acres of land under various survey numbers at Kommadi in Vizag city.
Krishna Chowdary has been residing in the US since 2012. He married Laxmi Surya Prasanna in 2009, who is now residing in East Godavari.
Jayasurya, a realtor, came to know that Chowdary owned 12.26 acres of land in Vizag city and obtained certified copies of sale deeds through mee-Seva.
Jayasurya hatched a plan to sell the land using forged documents with the help of Srinivasa Rao. The duo created forged documents which included GPA and Special Attorney Power.
The duo approached another realtor S Chandra Mouli to sell the land for Rs 18.7 crore. Later, Chandra Mouli approached U Sukumara Varma, MD of Kasyap Developers for the sale of the land. The real-estate firm agreed to buy the land but also asked for the bank account of Chowdary to transfer an advance of Rs 99 lakh.
Jayasurya explained their plan to B Ananda Raju and offered him to pay Rs one crore if he poses as Chowdary over the mobile phone. Raju also agreed to the deal.
On coming to know about the deal, Chowdary's wife Laxmi Surya Prasanna approached the Sub-Registrar office informing them that her husband has not executed any deal. She also lodged a police complaint.
Based on the complaint, the PM Palem police investigated the case and nabbed two of the three-member gang.