200 Crores of assets for Maruthi Rao | Who is going to get all that?

After a series of police cases, property disputes with her brother, and the loss of her daughter, Maruti Rao suspected of committing suicide.
Written By Siddhu Manchikanti | Updated: March 12, 2020 13:17 IST
 200 Crores of assets for Maruthi Rao | Who is going to get all that?

Did businessman T Maruthi Rao transfer his properties by making a will? The police, who are investigating the suicide of the businessman, have inquired about the moveable and immovable assets owned by Maruthi Rao and his family members. He has amassed assets of over 200 crores.
 
Maruthi Rao initiated his business in Miryalaguda town by obtaining a dealership for kerosene products which he supplied door-to-door. He expanded his business activities by investing in real estate, rice mills, and construction.
 
"Maruthi Rao was a highly influential person in Miryalaguda. He possessed huge properties in and around the town. He reportedly wanted to distribute his wealth between his wife Girija and daughter Amrutha equally," sources said.
 
Minutes before Maruthi Rao had a discussion with his wife about Amrutha’s future and other property matters. "Maruthi Rao, who was prime accused in the honour killing of his son-in-law P Pranay, was allegedly convinced by his family members, including his wife, to settle the cases by transferring all properties in Amrutha’s name if she consented to return," sources said.
 
Maruthi Rao before his death transferred all his assets for his brother, Sravan and to his wife, Girija equally. He has amassed assets of over 200 crores. As police are filing another charge sheet, he committed suicide by consuming poison.
 
After releasing on bail, rumours have surfaced that Maruthira Rao, who had not seen in Miryalguda, committed suicide in the shed. But it turned out that he was not. Another case has registered against Maruthira Rao as the dead body found in his shed. After a series of police cases, property disputes with her brother, and the loss of her daughter, Maruti Rao suspected of committing suicide. The police have registered a case of a suspicious death. The body has taken to Osmania Hospital for autopsy.




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