In an unexpected development, income tax sleuths have conducted raids at senior Tollywood producer KL Narayana’s residence in his hometown Pedagonnuru, Krishna district, on Thursday. Simultaneous raids were also conducted at Narayana’s offices and house in Hyderabad and Vijayawada
As per the latest updates, the IT officials are yet to open two more almirahs and are waiting for Narayana to come down from Hyderabad. The raids will resume on Friday as soon as Narayana arrives home. Details about any seized documents or assets are yet unknown.
KL Narayana had produced several notable films such as Hello Brother, Intlo Illalu Vantintlo Priyuralu, Santhosham, Rakhi and Kshana Kshanam in the past. He will be bankrolling the much talked about film in the combination of Mahesh Babu and Rajamouli.