IT Raids on Producers of ‘Bahubali’
Income Tax officials conducted raids on the offices and homes of producers of Bahubali. They conducted simultaneous raids on the residences and offices of producers Shobhu Yarlagadda and Prasad Devineni. This is a big shock in the Tollywood because after the abolition of big notes this is first raid of its kind. The IT sleuths on Thursday conducted raids in Mumbai, Delhi and other cities. Producer director Tammareddy Bharadwaja slammed the IT raids and said the IT officials are raiding only for ‘time pass.’ He also said that the producers are spending the money on movie making and they won’t keep the cash idle at home.