Mahesh Babu Summoned by ED in ₹5.9 Cr Real Estate Scam Probe
Mahesh Babu ED summons have been issued as part of a money laundering probe involving Hyderabad-based real estate firms. The 49-year-old actor must appear before the Enforcement Directorate in Hyderabad on April 28.
The summons follow recent ED raids at properties linked to Surana Group and Sai Surya Developers. Officials are investigating the alleged delay and default in real estate projects, especially ‘Green Meadows,’ endorsed by Mahesh Babu.
What Is the Scam About?
The ED case comes from a Telangana Police complaint against Satish Chandra Gupta of Sai Surya Developers and Narendra Surana of Bhagyanagar Properties Ltd. They allegedly sold the same land to multiple buyers, collected money without agreements, and gave false promises of registration.
Authorities claim they used fraudulent schemes to collect large sums from investors. The funds were then laundered for personal and business gains.
Mahesh Babu’s Role and ED’s Focus
Sources told PTI that Mahesh Babu is not an accused in the case. However, he received ₹5.9 crore in cheques and cash as the brand ambassador of Sai Surya Developers. The ED wants to understand the nature of these transactions and whether the actor knew about the alleged fraud.
So far, investigators believe the actor may have endorsed the project without knowing about the scam.
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