An 86-year-old industrialist was allegedly murdered at his residence in Hyderabad by his grandson over a property dispute, police said on Sunday.
The incident took place on the night of February 6 when the accused, K Kirti Teja, 28, attacked his grandfather, V C Janardhan Rao, chairman and managing director of the city-based Veljan Group, with a knife, resulting in his immediate death, according to police.
Teja also stabbed his mother when she attempted to intervene. She sustained injuries and was admitted to a hospital. Panjagutta police confirmed that the accused was arrested on Saturday.
Police stated that Teja and his mother, who reside in another part of the city, visited Rao’s house in Somajiguda on Thursday. While his mother went to get coffee, an argument erupted between Teja and Rao over the distribution of property.
During the altercation, Teja allegedly took out a knife and attacked his grandfather, accusing him of being indifferent towards him since childhood and refusing to distribute the property, police said.
Regarding reports suggesting that the victim was stabbed more than 70 times, police stated that there were multiple stab wounds and that the exact number would be confirmed in the post-mortem examination report.
Teja had recently returned to Hyderabad from the United States after completing his master’s degree, police added.
Based on a complaint, a case of murder was registered against Teja, and he was taken into custody. Further investigation is underway.
Veljan, established in 1965, specialises in providing solutions for various applications, including shipbuilding, energy, mobile, and industrial sectors, according to the company’s website.
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