Mahesh Babu, a prominent actor in Telugu cinema, has been summoned by the Enforcement Directorate (ED). The actor recently returned to Hyderabad after a family vacation in Rome. He is set to resume shooting for his upcoming film, tentatively titled SSMB29, directed by SS Rajamouli.
However, the ED notice has brought an unexpected twist. Mahesh Babu has been asked to appear on April 27, 2025, in connection with a money laundering case.
Mahesh Babu: Payments Under Scrutiny
Reports indicate that Mahesh Babu received Rs. 5.9 crore from Sai Surya Developers for promotional activities. This included Rs. 3.4 crore paid through cheque and Rs. 2.5 crore in cash. The cash payment has raised concerns. Investigators suspect it might be linked to a larger money laundering network.
Additionally, the actor earned Rs. 5.5 crore for his involvement with the Surana Group’s advertisements. Both transactions are under investigation for potential financial irregularities.
Mahesh Babu: ED Raids and Evidence
The ED recently raided premises associated with Surana Group and Sai Surya Developers. Officials searched four locations in Hyderabad and Secunderabad. These included offices and residences linked to Narendra Surana, the chairman of Surana Group, and Devendar Surana, its Managing Director.
The searches uncovered fraudulent activities. These included unauthorized land layouts and selling the same plots to multiple buyers. The accused allegedly collected payments without proper agreements and gave false assurances about plot registrations.
During the raids, officials seized Rs. 74.5 lakh in unaccounted cash. Documents revealing illegal transactions worth Rs. 100 crore were also found.
Fraudulent Practices
The ED has accused the Surana Group and Sai Surya Developers of running fraudulent real estate schemes. These schemes lured unsuspecting investors with promises of land plots. Many investors suffered significant financial losses as a result.
The ED’s statement revealed that the proceeds of these crimes were laundered for personal gain. These funds were diverted to related entities, further deepening the scam.
Legal Developments
The ED launched this probe following multiple FIRs registered by Telangana Police. The FIRs accused the groups of cheating investors under various sections of the Indian Penal Code.
Key evidence was found during the searches. This includes details of unaccounted cash transactions and fraudulent financial practices. The investigation continues to unfold, with further details expected soon.
Mahesh Babu’s Role
The ED’s inquiry focuses on payments made to Mahesh Babu. His remuneration from both Surana Group and Sai Surya Developers is being examined. The cash component of these payments has become a central point of investigation.
What’s Next?
The inquiry into this high-profile case is ongoing. Mahesh Babu’s appearance before the ED on April 27 will shed more light on his involvement. Meanwhile, fans and the public await clarity on the matter.
This case underscores the growing scrutiny on financial dealings in India’s real estate sector. The ED remains committed to uncovering the truth and ensuring justice. Get breaking news, top headlines, Entertainment updates, and Bollywood buzz, along with global news coverage and more.
