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Actor Raj Tarun’s father held for taking a loan against fake gold

Young and promising actor Raj Tarun’s father Basavaraju was recen... Read More
Young and promising actor Raj Tarun’s father

Basavaraju

was recently held and sentenced to three years in prison for cheating a nationalised bank in Visakhapatnam, Andhra Pradesh.

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According to reports,

Gopalapatnam

police have nabbed Basavaraju who availed the gold loan of Rs 9. 85 lakh by providing fake gold ornaments in the name of his wife

Rajya Lakshmi

and others including MSN Raju, Sanyasiraju and Sambamurthi Venkatarao.

Police said that the accused Basavaraju provided fake gold jewellery and got the loan from the bank. They have nabbed him when bank manager

Garikipati Subramanyam

lodged the complaint regarding the fake gold used to avail the loan. During the process of providing the loan when the gold jewellery was checked, they were found fake and Gopalapatnam police were informed.

Magistrates’ court convicted and sentenced him to three years and acquitted of the charge Rs 20,000. On the other hand, Raj Tarun will be next seen in Anish Krishna’s ‘Lover’
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