CBI nabs proclaimed offender after 22 yrs
Hyderabad: V. Chalapathi Rao, a proclaimed offender (PO) who changed his identity and residences multiple times and managed to avoid arrest for 22 years, was finally arrested by CBI officials on Monday.
The CBI had registered a bank fraud case on May 1, 2002, against the accused, then a computer operator with State Bank of India (SBI), Chandulal Baradari branch. Rao was alleged to have cheated SBI of Rs 50 lakh on the basis of fabricated quotations of electronic shops and fake salary certificates created in the names of his family members and close associates. On completion of the investigation, CBI filed two chargesheets.
The accused was declared missing in 2004 after his wife, who is also an accused in the fraud case, lodged an FIR at Kamatipura Police Station. She had also filed a petition in the civil court to declare the absconding accused as dead after completion of seven years since he was missing. In this regard, an order was also passed by the concerned civil court in Hyderabad.