The Income Tax (I-T) department continued its raids for the second straight day on Wednesday, targeting the offices of well-known film producer Dil Raju, Mythri Movies, and Mango Media in Hyderabad.
The raids are reportedly part of an investigation into the funding sources for big-budget films featuring popular actors Ram Charan and Venkatesh. Ram Charan’s movie Game Changer was released on January 10, while Venkatesh’s Sankranthiki Vasthunam hit screens on January 14.
Starting on Tuesday morning, I-T officials, accompanied by Central Reserve Police Force (CRPF) personnel, searched Dil Raju’s lockers and his production house, Sri Venkateswara Creations, located in Banjara Hills.
The offices of Mythri Movies, which produced the blockbuster Pushpa-2, and Mango Media were also inspected. In a related move, director Sukumar was intercepted by I-T officials upon his arrival at the Hyderabad airport and taken directly to his office for a thorough review of documents.
The I-T department is investigating these filmmakers over concerns about significant earnings reported from their movies during the Sankranti festival season. The probe seeks to uncover the financial trail behind the production of these high-grossing films.
