Overview

• SIT recovered ₹11 crore concealed in 12 cardboard boxes at Sulochana Farm in Kacharam following accused Varun Purshottam’s disclosure.
• A July 19 chargesheet links a ₹3,500 crore kickback network under the 2019–2024 YSRCP administration and names former CM YS Jagan Mohan Reddy as a recipient.
• Prime accused Kasireddy Rajashekar Reddy filed an affidavit denying any connection to the seized funds, calling the allegations a “complete falsehood and lie.”
• Investigators have arrested 12 individuals so far, including YSRCP MP P. V. Midhun Reddy, and traced illicit transactions through more than 30 shell companies.
• The SIT signaled further raids and evidence gathering as it deepens its inquiry into political ties and financial trails.