Telangana DSP case: ACB raids recover Rs 1.35 crore cash, foreign currency from home
Anti-Corruption Bureau raids at about 10 sites in Hyderabad and Zaheerabad turn up cash, foreign currency and foreign liquor linked to suspended DSP Sankireddy Bhim Reddy's disproportionate assets case.
The Anti-Corruption Bureau (ACB) has carried out another major operation in the disproportionate assets case linked to suspended Telangana DSP Sankireddy Bhim Reddy. ACB teams simultaneously raided about 10 locations in the Hyderabad and Zaheerabad areas. The raids yielded large amounts of cash, foreign currency, property-related documents and other material.
The raids recovered about Rs 1.35 crore in cash from the house of Bomma Venkatesh, along with foreign currency. About 14 litres of foreign liquor was also seized, and the Excise Department has been informed for further legal action. ACB officers are now examining the source of the seized cash and other assets. Whether this property is linked to Bhim Reddy, and what financial transactions lie behind it, is expected to become clear as the investigation proceeds.
The investigation has also raised the issue of alleged benami property. The ACB team has found documents and financial transaction records linked to various properties. Investigators are examining whether money changed hands between the people concerned and Bhim Reddy. The probe is ongoing into where the money used to buy the properties came from, who actually benefits from the assets, and who else is involved in the transactions.
The ACB has carried out major action in this case before. In July 2026, 16 locations linked to Bhim Reddy, his relatives, alleged benamidars and their associates were searched. In that operation, the agency seized property documents, cash, gold and silver, and several records related to financial transactions. The scale of assets uncovered in that raid increased the seriousness of the case, after which investigating agencies began tracing the money trail.
In the same disproportionate assets case, the ACB had arrested DSP Bhim Reddy in July. He was working in the Police Computer Services department of the Telangana Police. The allegation under investigation is that he accumulated assets disproportionate to his income. The Enforcement Directorate has also since turned its attention to the financial transactions in the case, examining the alleged money trail, the funds used to buy property and related transactions.
The cash, foreign currency, liquor and key documents found in the latest raids could be useful to the ongoing investigation. The ACB is examining the seized material and investigating the financial transactions of those involved. The actual connection between the seized property and cash and Bhim Reddy will only become clear once the investigation is complete.
