‘No evidence against Sekar Reddy’

Nothing incriminating surfaced against the accused, says CBI.

The Central Bureau of Investigation has found no evidence to prosecute industrialist and Tirumala Tirupati Devasthanams (TTD) member J. Sekar alias Sekar Reddy and five others in the sensational cash seizure case of 2016.

Almost four years after registering the case, the agency filed a closure report in the trial court, stating that “nothing incriminating surfaced” against the accused persons.

The case relates to the seizure of ₹33.89 crore in the then newly printed ₹2,000 denomination currency from the business premises of Mr. Reddy and his partners in SRS Mining Company by Income Tax officials in December 2016. The CBI’s Anti-Corruption Branch registered three separate First Information Reports relating to the seizure against the trio. While the Madras High Court quashed two FIRs, the third has now been…

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