HYDERABAD: Telugu Cine Producers Association secretary T Prasanna Kumar on Thursday gave his statement as witness before the
Crime Investigation Department (CID) against gangster Bhanu Kiran in connection with a monetary settlement case.
Besides Prasanna Kumar, Mahankali film producer Y Surender Reddy also gave statement to CID officials.
Both were witnesses to Bhanu Kiran's alleged involvement in the settlement of a financial dispute pertaining to Balaji Labs, owned by film producer C Kalyan, by allegedly threatening Tollywood producer Natti Kumar.
Bhanu Kiran is accused of indulging in settling various financial disputes between film financiers and producers by threatening the rival parties at gun point.