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Actor-Politician Has Rs 125 Cr Cash?

More and more skeletons appear to be tumbling from the cup-boards of the Telugu film industry with the demonetisation of 500 and 1000 rupee notes by the Narendra Modi government.

According to the latest information, a senior actor, who also made a foray into the politics with big bang a few years ago, is the most worried man as he has a huge reserve of unaccounted cash worth Rs 125 crore at his residence and he is not able to find out ways to get rid of this money.

Unfortunately, this actor does not have any political godfathers, as he has remained in the party that has no future in the Telugu states. However, he has huge business connections in Andhra and even Tamil Nadu because of his family links and he is presently tapping those connections to convert this black money into white.

It is learnt his close family circles have suggested to this actor that he should take a plunge into the ruling Telugu Desam Party in Andhra Pradesh, so that he could at least become immune from witch-hunting by the officials. If he does that he might find ways to overcome this black money crisis in the coming days gradually, say sources.

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Tags: Telugu