Currency exchange racket: Tollywood director arrested

Hyderabad: Police arrested Tollywood director Ramakrishna who was involved in a currency exchange racket. Ketugadu fame Nalluri Ramakrishna and 10 others attempted to exchange demonetised currency worth Rs 1.2 crore. However, he escaped during the raids on his office in March.  Police nabbed him from Khammam district using his mobile phone location.

In March Ramakrishna told Dileep Kumar Jain, a businessman, that he would get demonetised currency exchanged.