Ballari-based mining baron and former Karnataka minister G Janardhan Reddy was absconding as police were on the look out for him in connection with a money transaction worth crores of rupees allegedly linked to a ponzi scheme, top officials said Wednesday.

Police on look out for 'absconding' Janardhan Reddy in a ponzi scheme case 

Just a day after the Bharatiya Janata Party lost out its Bellary bastion to the Congress in the parliamentary bypoll, there came more bad news. Mining baron and former minister Gali Janardhana Reddy's name has surfaced in a Ponzi scam in Karnataka, amounting to a whopping Rs 600 crores.

Karnataka Ponzi scam: Central Crime Branch sees 'Red'dy

central-crime-branch

Central Crime Branch, News on Central Crime Branch, stories on Central Crime Branch, articles on Central Crime Branch, Central Crime Branch stories at Wion, Central Crime Branch news, Central Crime Branch latest news

central crime-branch

Police on look out for 'absconding' Janardhan Reddy in a ponzi scheme case

Karnataka Ponzi scam: Central Crime Branch sees 'Red'dy