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Plea to release gold rejected, cash seized from Gali

March 14, 2025

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The New Indian Express Hyderabad

JUSTICE J Lakshman of the Telangana High Court has upheld the orders of the CBI court rejecting a plea to direct the CBI to release the 54 kg gold ornaments, ₹3 crore in cash and bonds seized during the arrest of mining baron Gali Janardhan Reddy.

- TG NAIDU @Hyderabad

Justice Lakshman was hearing a batch of three petitions filed by Gali Kireeti Reddy, daughter of Janardhan Reddy, and two others.

The CBI court had on October 25, 2016, dismissed the petitioners' applications for the return of the seized property, including approximately 54 kg gold ornaments, ₹2.94 crore in cash and bonds purchased in the names of Janardhan's son and daughter. The property was seized by the CBI on September 5, 2011, and has remained in its custody since then.

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