Agri Gold Chaiman Venkata Ramarao was sentenced to 3-year imprisonment and Rs 6,000 fine by Kadapa district's Badvel court. Venkata Ramarao was accused in the case of irregularities in the purchase of 300 acres land in Siddavaram of Porumamilla Mandal. Agri Gold Chairman Venkata Ramarao was shifted to Kadapa Central Jail. According to sources case was filed against him in 2000 over the charges that Venkata Ramarao tried to resale the land which were already sold, with the help of Power of Attorney.
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