Hyderabad: Andhra industrialist Velamati Chandrasekhar Janardhan Rao’s grandson Keerthi Teja has been arrested for his brutal homicide over a property dispute, police mentioned on Sunday. Janardhan Rao, the pinnacle of the Veljan Group of Firms, was murdered at his residence in Hyderabad on Thursday night time. The incident got here to gentle late on Saturday after police arrested the accused kin.
His US-returned grandson Keerthi Teja allegedly stabbed him with a knife 73 instances after a heated argument over property. Janardhan Rao, 86, who hailed from Eluru in Andhra Pradesh, has been dwelling at his residence in Somajiguda right here for the previous few months. He had not too long ago appointed his eldest daughter’s son, Srikrishna as Director of Veljan Group and transferred shares price Rs four crore to Keerthi Teja, son of his second daughter Sarojini Devi.
Based on police, Sarojini Devi and her son visited Janardhan Rao’s residence on Thursday. There was an argument between Janrdhan Rao and Keethi Teja over the distribution of property. Accusing his grandfather of unfair therapy, Keerthi Teja allegedly took out a knife he had introduced with him and stabbed Rao repeatedly. The 29-year-old stabbed Rao as many as 73 instances leading to his demise on the spot.
Sarojini Devi, who had gone into the kitchen to convey tea, returned upon listening to the commotion and tried to intervene. Keerthi additionally allegedly attacked her and she or he sustained 4 stab wounds. The accused additionally threatened the safety guard, who had witnessed the homicide, and fled the scene.
Panjagutta police on Saturday registered a case of homicide and started an investigation. They arrested the accused, who not too long ago returned from the US after finishing his Grasp’s diploma. He was subsequently produced earlier than a courtroom, which despatched him to judicial custody. Police suspect that the accused could also be a drug addict. They have been conducting additional investigation.
Rao was additionally identified for philanthropic work. He had made large donations to the Authorities Basic Hospital in Eluru and to the Tirumala Tirupati Devasthanam (TTD).
