There are allegations of irregularities in the mining activities of OMC which is owned by the Reddy brothers
Bangalore: The CBI on Monday arrested mining baron and former minister G Janardhan Reddy and managing director of Obalapuram Mining Co (OMC) BV Srinivas Reddy after conducting raids at their premises, reports PTI.
Mr Reddy, who was the Tourism and Infrastructure Development Minister in the previous BS Yeddyurappa government, was among those indicted by the Lokayukta report on illegal mining submitted to the Government on 27th July.
CBI sources said the two were arrested this morning. About 65 mining companies including OMC are under the CBI scanner.
There are allegations of irregularities in the mining activities of OMC which is owned by the brothers - G Karunakara Reddy, G Janardhana Reddy, G Somashekara Reddy.
Earlier, a CBI team from Hyderabad searched Janardhan Reddy's house in Bellary in the wee hours and seized some documents from his residence. Sleuths also raided the premises of Srinivas Reddy here.
Sources said the CBI team led by its DIG, PV Lakshminarayana has taken Janardhana Reddy and Srinivas Reddy to Hyderabad for further questioning.
The probe agency's action comes a day after Reddy's associate and former Karnataka minister B Sreeramulu resigned from his Assembly seat, protesting against the BJP's denial of ministerial berth to him and also keeping the Bellary Reddy brothers out of the ministry.