In what could be a shocking update is that Natasimham Nandamuri Balakrishna indulged in Rs.500 acre land scam in Amaravati. Ever since national media house, India Today reported this news, Balakrishna's fans went panic.
As per India Today's report, Balakrishna along with his brother-in-law purchased 500 acres of land in Amaravati before the announcement of capital city. The transaction was named 'Insiders Trading'.
AP minister Botsa Satyanarayana alleged that irregularities in land procurement by TDP leaders had led world bank backed out from funding capital city project.
Since Balakrishna is under the scanner of his YSRCP's top brass for his land purchase, more updates on this issue are expected soon.