Rs 300 crore case: ACB says Sankireddy Bheem Reddy hid assets through cancelled sale deeds
What happens when a paper trail disappears, only to reappear in someone else's name?
According to the Telangana Anti-Corruption Bureau (ACB), that was the alleged strategy adopted by suspended Deputy Superintendent of Police (DSP) Sankireddy Bheem Reddy to keep control of valuable properties while distancing himself from official ownership.
In fresh details submitted before the court, the ACB has alleged that the officer followed an unusual pattern of acquiring assets.
Investigators claim Bheem Reddy first purchased properties in his own name, only to later have the sale deeds cancelled.
The same properties were then allegedly registered in the names of relatives or alleged benamidars, even as he continued to enjoy their ownership and benefits.
ACB claims handwritten property list exposed alleged network
The latest revelations form part of the remand report filed after Bheem Reddy was arrested in the disproportionate assets case in which the ACB estimates the value of his alleged illegal wealth at around Rs 300 crore.
As part of the investigation, the agency searched multiple locations in Hyderabad and claimed to have found assets linked not only to the suspended officer but also to his relatives and alleged benamidars.
Investigators also seized a Samsung mobile phone belonging to Bheem Reddy's wife, S Bhagya Laxmi.
According to the ACB, the phone's photo gallery contained images of handwritten pages titled 'Property List, Chardam before letter dated: 11/May/2026'.
Officials allege the handwritten notes listed properties, investments and other financial details connected to the accused officer.
The document is expected to play a key role as investigators trace the ownership of various assets and examine whether they were deliberately shifted to alleged benamidars.
Bheem Reddy was earlier remanded to 14 days of judicial custody after the ACB accused him of accumulating assets vastly disproportionate to his known sources of income.
The agency has said its investigation is continuing and more financial transactions and property records are being scrutinised to establish the alleged ownership trail.