An Ayurveda doctor, Kitcha Veerbhadra Rao, was arrested in Hyderabad for allegedly cheating 270 investors of ₹30 crore in a Ponzi scheme. Rao was arrested and released on bail last year over a ₹5.85-crore digital arrest case. Under the Ponzi scheme, Rao promised monthly returns of 10-16% and placed a fake SEBI certificate in his office to mislead investors.