ED registers money laundering case against suspended DSP Bheem Reddy
ED files money laundering case against suspended DSP Bheem Reddy after ACB found assets worth ₹300 crore; probe into property trail underway.
The Directorate of Enforcement (ED) has opened a money laundering investigation into suspended Deputy Superintendent of Police (DSP) S. Bheem Reddy, acting on the Anti-Corruption Bureau's (ACB) earlier detection of disproportionate assets estimated at roughly ₹300 crore.
The federal agency is now tracing the alleged money trail, focusing on property ownership, the origin of funds used for acquisitions, and whether assets were registered in the names of relatives, associates, or suspected benamidars. Investigators are also examining whether illicit proceeds were routed through multiple channels before being converted into real estate and other holdings.
Bheem Reddy, who was attached to Police Computer Services (PCS), was arrested by the ACB on July 6 at his residence in Vessella Meadows, Ibrahimbagh. Searches conducted at 16 locations linked to him, his family members, and alleged benamidars across Telangana and Karnataka reportedly yielded property documents and ₹3.6 lakh in cash from his home, with another ₹40 lakh recovered at a suspected benamidar's house.
The operation also led to the identification of approximately 2 kg of gold, 20 kg of silver, and bank balances of nearly ₹19.91 lakh.
The ED is expected to issue formal notices to Bheem Reddy after completing its preliminary examination. Individuals suspected of acting as benamidars are also likely to be summoned for questioning as the investigation progresses, with further legal action contingent on the findings.