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Baahubali producers face I-T raids at home, offices after sleuths get anonymous tip-off

The IT department conducted simultaneous raids on the residences and offices of the Baahubali producers Shobhu Yarlagadda and Prasad Devineni.

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FP Staff|Nov 11, 2016, 18:35:27 IST

Two producers of Baahubali Shobhu Yarlagadda and Prasad Devineni felt the heat when sleuths from income tax department conducted simultaneous raids at their homes and offices on Friday.bahuballi_380The raid was first reported by CNN-News18.According to a report by Sakshi Post, filmmaker Tammareddy Bharadwaja criticised the I-T raids by saying that the I-T officials are raiding only for 'time-pass'.Greatandhra.com reports that the Baahubali 2 producers sold the film for a whopping amount to the distributors and took large sums in advance from them. Acting on a tip-off, the I-T department conducted the raids.Deccan Chronicle reported last month that filmmaker Karan Johar had backed out of buying the Hindi distribution rights of the long-awaited sequel as he was not willing to pay the huge amount charged by the producers of the film.

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First Published:Nov 11, 2016, 18:35:27 IST
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