Chennai High court has refused to grant bail to Venkareddy, who was recently arrested by Chennai police along with Asha Saini and her friend Srilatha. Chennai High court, which has already granted to bail to bother Asha Saini and Srilatha, has refused to grant bail to him.
Chennai police brought Venkat Reddy to Hyderabad for further investing. The city police and the Chennai police have started investigating further on this case. Recently Venkat Reddy said that he is innocent in this case and alleged that one of the American based Telugu Association is being involved in this case.