Hyderabad: Jubilee Hills police booked a case against Telugu film producer Bandla Ganesh for threatening financier cum producer Potluri Vara Prasad. Meanwhile, Ganesh lodged a counter-complaint in Banjara hills.
According to the complaint from Mr Prasad in November 2013, Mr Ganesh of Paramesh-wara Art Productions approached him to finance a movie Temper that he was producing and requested Rs 30 crore. Mr Prasad approved the financing of the film and entered into an agreement with Mr Ganesh.
After the completion of film, Mr Ganesh paid Rs 7 crore during the release and allegedly promised to pay the balance within three months. Mr Ganesh issued a post-dated cheque which subsequently bounced. When Mr Prasad tried to contact him regarding this, Mr Ganesh avoided the calls.
While this financial dispute was going on, three unidentified persons at about 7 pm on Friday entered Mr Prasad’s residence and threatened him to settle the dispute or face dire consequences.
Following a complaint, the Jubilee Hills police booked a case against Mr Ganesh under IPC Section 420 (cheating and dishonestly inducing delivery of property), 448 (punishment for house trespass), 506 (punishment for criminal intimidation) and 109 (punishment for abetment). Meanwhile, Mr Ganesh approached the Banjara Hills police and lodged a complaint against PVP Capital Limited run by Mr Prasad, alleging that due to the financial dispute they were trying to kill him....