Telugu superstar Mahesh Babu has been summoned by the Enforcement Directorate (ED) in connection with an alleged money laundering case involving two Hyderabad-based real estate firms, Sai Surya Developers and Surana Group.
According to reports, Mahesh Babu had entered into an endorsement deal with Sai Surya Ventures, receiving a total of Rs 5.9 crore for promoting their projects. Of this amount, Rs 2.5 crore was allegedly paid in cash, raising concerns about the legitimacy of the transaction.
The ED suspects that the cash component may have involved laundered funds and is investigating the money trail to determine if illegal practices were involved. The case is part of a broader financial scam involving real estate fraud and misappropriation of investor funds.
Mahesh Babu has been asked to appear before the ED on April 27 for questioning. His legal team has yet to respond to the allegations, and further developments are expected as the investigation continues.
Meanwhile, the actor is busy filming his upcoming movie, SSMB29, his first collaboration with renowned director SS Rajamouli.
