# Ganesh laddu auction winner booked for Rs 3.45 crore fraud 2026-08-07T20:36:51+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Kondapalli Ganesh, who won the Ganesh laddu auction at Hyderabad’s My Home Bhooja for a record Rs 51.77 lakh in September 2025, has been booked by the Cyberabad Economic Offences Wing for allegedly cheating six residents of Rs 3.45 crore. A complaint by Sylvia Srinivas Reddy states Ganesh and an associate promised 6% monthly returns on investments in his real estate and liquor businesses. The complainants say Ganesh used his auction win to build credibility. He is accused of diverting funds and vacating his flat and office by April. The case was registered on August 3 under sections for cheating and criminal breach of trust. ## Coverage - timesofindia.indiatimes.com - siasat.com Tags: cheating case, Cyberabad EOW, Ganesh laddu auction, investment fraud, real estate scam Canonical: https://indianopinion.org/ganesh-laddu-auction-winner-booked-for-rs-3-45-cr-fraud/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ganesh-laddu-auction-winner-booked-for-rs-3-45-cr-fraud/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.