CCS arrests inter-State fraudster accused of ₹2 crore imported gold scam

The Hyderabad Central Crime Station (CCS) has arrested an alleged inter-State fraudster accused of cheating people of around ₹2 crore by promising to supply imported gold from Dubai and Sri Lanka at below-market prices.The accused, identified as Kondapuram Laxmikanth Reddy, a native of Mahabubnagar district, was arrested in connection with a case registered on a complaint by a Sanath Nagar resident, who alleged that he was duped of nearly ₹2 crore.According to the police, Laxmikanth Reddy claimed to have contacts with gold dealers importing gold from Dubai and Sri Lanka to Mumbai. To gain the confidence of prospective victims, he allegedly shared WhatsApp videos showing packaged gold biscuits purportedly ready for shipment and promised high returns in a short period before collecting large