Hyderabad, May 29 -- The Cyberabad Police on Thursday, May 28, booked three directors of a Hyderabad-based construction firm for allegedly defrauding investors of Rs 4.52 crore by promising returns of 24 per cent.

According to the Economic Offences Wing (EOW) of the Cyberabad Police, the directors of Rohit Infra - Mohan Reddy, Rohit Reddy and another associate - promoted a project titled Botanical Eco-Living Spaces at Munipally and Polkampally villages in Sangareddy district and collected investments from 11 people.

The case was registered based on a complaint filed by Cheruku Venkatesham, a resident of Saroornagar, who invested Rs 43 lakh in the project in 2023 after being assured attractive returns and a buyback arrangement.

In his c...