The accused Srinivasa Naidu (50) was arrested yesterday by the CCB team for lending money to auto drivers at 10 to 15 per cent interest and was involved in financial transactions to the tune of Rs 50 lakh, a CCB statement said.
The team confiscated blank promissory notes, stamp papers and cheques of different banks and Rs 75,100 cash from the accused.
Published 09 August 2011, 07:55 IST