Hyderabad: Nowhera Shaik shifted to Chanchalguda jail

The Ballari police have shifted Heera group director Nowhera Shaik to Chanchalguda jail in Hyderabad.

Nowhera was taken by the Ballari police on Prisoner's Transit (PT) warrant in a case registered against her. She was produced in a court in Ballari and shifted back to the Hyderabad jail.

The Heera Group director has been accused in several cases registered in Telangana, AP, Karnataka, Maharashtra and Delhi. She collected investments from the public and later cheated them. She collected investments from the public on the promise of paying a 36 per cent return.

The police suspect that she had collected nearly Rs 5,600 crore from 1.72 lakh investors across the country.