The Telangana High Court has paved the way for the auction of properties attached in connection with the ₹516-crore deposit fraud involving the Dhanwantari Foundation International (DFI), bringing hope of early relief to nearly 4,000 victims, many of them – senior citizens.
According to a statement issued by the Hyderabad Police Commissioner V.C. Sajjanar, the case was registered on December 23, 2023, at the Central Crime Station (CCS), Hyderabad, following a complaint by Susrala Narsimha Murthy.
DFI, represented by its director P. Kamalakar Sharma and others, is accused of luring depositors by invoking the name of the Brahmin community and promising high returns within a fixed period. Investigators allege that the trust collected approximately ₹516 crore from around 4,000 victims before defaulting on repayments.
During the investigation, police identified properties allegedly acquired using the defrauded funds, which include nearly 450 acres of land across Telangana and Andhra Pradesh, as well as commercial space measuring about 3,000 square yards located in the heart of Hyderabad.
After hearing the matter, the High Court upheld the actions of the competent authority and passed orders in its favour.
Published – December 17, 2025 12:15 am IST
