The Cyberabad Police, on the 18th of May, issued a look out notice against Ravi Prakash, the ex Chief Executive Officer (CEO) of TV9 news channel, Hyderabad.
Apart from Ravi Prakash, the Police also issued a notice against Shivaji, a Tollywood actor.
The notice was issued after both the accused, Shivaji and Ravi, did not appear in front of the police after 3 notices.
According to sources, Ravi Prakash and Shivaji are alleged of forgery. Ravi Prakash allegedly forged the signature of Kaushik Rao, the Secretary of Alanda Media Entertainment.
The Alanda Media Entertainment recently took over Associated Broadcasting Company Private Limited (ABCL,) a media company. Approximately 90 % shares of ABCL is owned by the Alanda Media Entertainment.
Though Ravi Prakash denied the allegations at a press conference, the Police are searching for him, as he is said to be absconding.
Four teams of the Cyberabad Police are searching for both the accused. The Police also alerted the airport security to stay alert, so that the accused cannot flee from the City.
The search is still underway.
Stay tuned for further updates.