Hyderabad Tycoon Stabbed 70 Times by Grandson Over Property Dispute

Hyderabad: In a shocking incident, 86-year-old industrialist Velamati Chandrasekhara Janardhana Rao, chairman of Veljan Group, was brutally stabbed to death by his grandson over a property dispute at his residence in Hyderabad.

The accused, Kilaru Keerthi Teja (29), a US-educated man, allegedly attacked his grandfather following a heated argument over asset distribution. Reports suggest that Teja had received ₹4 crore as his share but was dissatisfied. The altercation escalated, leading him to stab Rao more than 70 times.

During the attack, Teja’s mother, Sarojini Devi, attempted to intervene but sustained injuries. She was rushed to the hospital and is currently undergoing treatment. Teja, who had recently returned to Hyderabad after completing his master’s degree in the United States, has been arrested.

Rao, a renowned industrialist and philanthropist, had made significant contributions to multiple sectors, including shipbuilding, energy, and industrial applications. Police have launched an investigation into the case.