The Narcotics Control Bureau (NCB) on Monday seized about 477 kg of ketamine worth nearly Rs 25 crore from Nacharam industrial area in Hyderabad, Telangana
Hyderabad: Days after the Narcotics Control Bureau (NCB) caught two people engaged in drug trafficking on April 30 and May 1 in Bengaluru, the officials on Monday (May 6) arrested a top executive of a pharmaceutical company for allegedly manufacturing ketamine at one of their units in Hyderabad’s Nacharam industrial area.
According to reports, the NCB officials seized about 477 kg of Ketamine which is worth nearly Rs 25 crore. However, the Nacharam unit was raided on May 2 and seized the drugs and summoned Inchem Laboratories Pvt Ltd director P Venkateshwarulu.
On Monday, Venkateshwarulu was produced before a local court after the arrest. Later, he was taken to Bengaluru on a prisoner transit (PT) as the drug racket was busted after the NCB officials' raid in Karnataka's capital.
Speaking to reporters, an NCB official said Nacharam factory was given license for research and development of pharmaceutical, but they were involved in manufacturing ketamine.
On April 30 and May 1, the NCB officials caught two people engaged in drug trafficking in Bengaluru. A person aged 33 years with 26.75 kg of ketamine was found in a mid-transaction near Movie Land theatre in Majestic area on April 30. The drug was stored in a poly laminated gunny bag which was stashed inside a trolley bag.
Also read: Narcotics Control Bureau busts international drug trafficking racket; 26.75 kg of ketamine seized
The supplier and the customer both tried to flee upon spotting NCB officials. NCB caught the customer, who hails from Chennai with the drugs while the supplier managed to escape in his car before trying to mow down officials who stood in his way. The customer was later arrested in Bengaluru's Yelahanka on May 1.
Read Exclusive COVID-19 Coronavirus News updates, at MyNation.