Hyderabad: The Madhapur police on Saturday apprehended a drug peddler and seized 70 grams of MDMA (methylenedioxy-methamphetamine drug), 1 four-wheeler, and 1 mobile phone, all worth nearly Rs. 10,00,000 from his possession.
The accused has been identified as Matam Veerendar (40), a resident of Kamareddy District.
According to the police, the accused had met Pradeep Sharma, a drug supplier hailing from Rajasthan decided to procure MDMA from him at Rs 1000 per gram. He then proceeded to sell it in Hyderabad at Rs 6000-Rs 7000 per gram to meet the requirements of his lavish lifestyle.
Acting on a tip-off from credible sources, the police arrested the accused who had been peddling drugs near Cyber Towers, under the limits of Madhapur police station.
The police have registered a case against the accused under Section 2 of the Narcotic Drugs and Psychotropic Substances (NDPS) Act and the hunt to nab the 2 absconding drug suppliers is underway.