Tollywood had had full of the releases with Sankranti festival season and decent revenue was generated at the ticket counters. Interestingly, this has now warranted an IT raid on leading producers Dil Raju and Mythri Movie Makers.
As per the latest reports, the IT department is raiding the properties that belong to Dil Raju, his brother Sirish and daughter Hansitha.
Notably, Dil Raju had two new releases this Sankranti season in the form of Game Changer and Sankranthiki Vasthunnam. Game Changer was a mega budget project with crores involved.
On the other hand, we have Mythri Movie Makers who recently produced Pushpa 2 which was publicized as the biggest blockbuster of all time in Indian cinema.
Incidentally, the houses of Naveen Yerneni, Y Ravi Shankar, and CEO Cherry are raided by the IT sleuths.
The IT department is likely to issue an official communication regarding these searches by the end of the day today.