CBI Arrests Hyderabad’s SBI Fraud Computer Operator After 20-Year Chase in TN

Hyderabad: The Central Bureau of Investigation (CBI) has arrested V. Chalapathi Rao, a former computer operator at the State Bank of India’s Chandulal Baradari branch in Hyderabad, after he had been on the run for 20 years. In 2002, Rao defrauded SBI of Rs. 50 lakh through fabricated quotations from electronic shops and fake salary certificates in the names of his family members and close associates. Missing since 2004, his wife misled investigators by lodging a missing complaint and filing a petition to declare him dead. Despite numerous efforts to change identities and locations, including stints in Tamil Nadu, Madhya Pradesh, Uttarakhand, Maharashtra, and Rajasthan, the CBI relentlessly pursued him. Rao was finally apprehended in Narsinganallur village, Tirunelveli, Tamil Nadu, where he had been hiding, and planning an escape to Sri Lanka.

Key Points:

1. Fraud Details:

  • Accused: V. Chalapathi Rao
  • Position: Computer operator at SBI Chandulal Baradari branch, Hyderabad
  • Year: 2002
  • Amount: Rs. 50 lakh
  • Method: Fabricated quotations from electronic shops and fake salary certificates in the names of family and close associates.

2. Evasion Tactics:

  • Disappearance: Missing since 2004
  • Misguidance: Wife lodged a missing complaint and filed a petition to declare him dead.
  • Legal Maneuvering: Obtained a stay from the High Court of Telangana to prevent property attachment.

3. Pursuit and Capture:

  • Aliases and Locations:

Salem, Tamil Nadu: Changed name to M. Vineet Kumar, remarried.

Bhopal, Madhya Pradesh: Worked as a loan recovery agent.

Rudrapur, Uttarakhand: Worked in a school.

Verul, Aurangabad, Maharashtra: Changed name to Swamy Vidhitatmanand Teertha and obtained Aadhaar card.

Bharatpur, Rajasthan: Stayed till July 2024, planned to escape to Sri Lanka.

  • Final Arrest: Narsinganallur village, Tirunelveli, Tamil Nadu on a Sunday.

4. Investigation Highlights:

  • Digital Footprints: Used email IDs and Aadhaar details.
  • CBI Coordination: Involved multiple states and constant tracking of changing identities and locations.
  • CBI Statement: Highlighted the relentless pursuit despite the accused’s numerous efforts to evade capture.

The 20-year-long chase ended with Chalapathi Rao’s arrest, demonstrating the CBI’s dedication and resourcefulness in tackling complex fraud cases.


Hyderabad City Development Updates…

1 2 3 4 5

Daily Quote

More Hyderabad News

More National, Global News

1 2 3 4 5

1 2 3 4 5

You can get instant news and articles from Hyderabad Post

Click to Like/Follow/Subscribe us on Facebook – Twitter – Telegram – Instagram – WhatsApp – YouTube