The Income Tax Department conducted surprise raids on prominent Tollywood production houses in Hyderabad on Tuesday, catching the industry off guard. Renowned producers, including Dil Raju, Mythri Movie Makers, Mango Ram, Abhishek Aggarwal, AK Entertainments, and Venkata Satish Kilaru, are under scrutiny as officials examine financial records and transactions dating back to 2016. These raids, which began earlier this week, have continued into Wednesday, with expectations that they may extend for a few more days.
Rumors and speculations about the raids are rife in the industry. Producer Dil Raju has confirmed the developments, stating that top production houses are under investigation. He plans to address the media once the raids conclude. Discussions have also arisen about the authenticity of box-office figures for the much-anticipated Pushpa 2: The Rule. Additionally, the financial records of Dil Raju’s recent high-budget venture, Game Changer, starring Ram Charan, are reportedly being examined as part of the investigation.
