

Police submitted the custody report of iBomma Ravi to the court on Wednesday, revealing several key details. According to the report, Ravi purchased movie prints in two formats. He paid 100 dollars for a normal print and 200 dollars for an HD print. Police identified seven accounts linked to him, which together held a total of Rs.13.40 crore.
The investigation found that Ravi earned Rs.1.78 crore through betting advertisements. Police also stated that Ravi transferred Rs.90 lakh to his sister Chandrika. All these money transactions were carried out in dollars. It was further revealed that Ravi led a luxury lifestyle using money earned through trademark licenses, betting and piracy, with the help of a person named Rakesh.
Police confirmed that Ravi operated his office from Kukatpally in Hyderabad. After nearly 12 days of custody, he was sent to jail on Tuesday. Important details revealed during custody were included in the report submitted to the court. Out of the total earnings, Ravi spent nearly Rs.10 crore on a lavish lifestyle, staying in high-end pubs and five-star hotels. At present, police have frozen Rs.3 crore in Ravi’s bank account.













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