ED, Hyderabad has attached assets worth Rs. 1.01Crore (approx.) (book value) in the form of immovable properties in Hyderabad acquired in the name of Shaheda Begum W/o Mohammed Kaisar under the provisions of PMLA, 2002 in a case of extortion & other criminal activities by Mohammed Kaisar @ Pehelwan Kaisar.

The Directorate of Enforcement (ED) has attached assets worth approximately Rs. 1.01 crore under the Prevention of Money Laundering Act (PMLA), 2002, in connection with a case involving Mohammed Kaisar, also known as Pehelwan Kaisar, a notorious rowdy sheeter from Habeeb Nagar Police Station. The ED initiated investigation based on several FIRs registered by Telangana Police against Mohammed Kaisar and others, alleging involvement in various criminal activities such as murder, extortion, gambling, and land settlement.

Mohammed Kaisar's life began as a pickpocket, but he later became a notorious figure, amassing wealth through his criminal activities over several years. He was externed for one year in 2011 and detained under the Preventive Detention Act. The ED investigation revealed that Mohammed Kaisar has been involved in numerous criminal activities, resulting in multiple FIRs being registered against him.

Through commission of these crimes related to scheduled offences under PMLA, Mohammed Kaisar acquired Proceeds of Crime (POC) in cash, which he used to purchase several immovable properties in the name of his wife. The sale considerations for these properties, acquired between 2007 and 2020, were paid entirely in cash. The ED investigation found that Mohammed Kaisar and his family did not have legitimate financial resources to afford assets worth crores from their meagre declared income.

The attached assets, with a book value of approximately Rs. 1.01 crore, are immovable properties in Hyderabad acquired in the name of Shaheda Begum W/o Mohammed Kaisar. The present market value of these properties is expected to be significantly higher. Further investigation into this case is ongoing.