Poultry investor ripped off of Rs 1 Cr in Hyderabad
The Bowenpally police have actually detained 2 individuals for supposedly ripping off a chicken investor to the song of Rs 1 crore. The detained individuals were Syed Toufeeq (30) as well as Syed Atheef (23 ), both bros as well as locals of Moghal Nagar in Karwan.
According to the police, the chicken investor, determined as M Murugan entered call with the suspects in 2016 as well as ended up being buddies. Murugan after that began a chicken company in New Bowenpally in 2017.
“Using his contacts, Murugan procured broiler chicken birds at wholesale price and handed over to the suspects to sell. For the first year, they gave Murugan the money, and later stopped paying him. The amount pending was estimated to be Rs.1.2 crore,” police claimed, including that when Murugan asked for his cash, they began preventing him.
Based on his issue in July last year, the Bowenpally police scheduled an instance as well as detained them.