Chennai : Sand mining baron Sekhar Reddy arrested in connection with money laundering case
Two of his associates were also arrested.
Reddy has been remanded to judicial custody till March 28.
ED has registered a case under sections of Prevention of Money Laundering Act (PMLA) based on a FIR filed by the Central Burau of Investigation.
In December, 2016, Reddy and his aide Srinivasulu were arrested after a huge quantity of cash both in new Rs 2000 and Rs 500 notes and discontinued notes were seized during Income Tax raids from properties owned by the duo.
They later obtained bail.
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