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Bengaluru-based realtor held for tax evasion

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A 47-year-old real-estate businessman-cum-politician was arrested in High Grounds on Wednesday in a tax evasion case. He was handed over to income-tax (I-T) officials. The accused has been identified as Prabhakar Reddy, a resident of Koramangala. Police said there was a case related to tax evasion over Rs 2 crore with the I-T department. There was an arrest warrant pending against Reddy and taxmen sought city police help to nab him.

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