<p>A former techie allegedly involved in a slew of robbery cases in Vijayawada and in Rajahmundry districts was arrested here today and valuable worth Rs 20 lakh was seized from him, police said.<br /><br /></p>.<p>Software engineer Nadimpalli Vinay Kumar (35), who hails from Hyderabad, worked as a team manager with an IT firm in Hyderabad and later started his own company with 30 people, Vijayawada Police Commissioner, A B Venkateswara Rao said.<br /><br />While he successfully ran the business, a Chennai- based company cheated him to the tunes of Rs 25 lakh due to which he had to shut his firm in 2012 owing to huge losses, he said.<br /><br />Kumar, later moved to Vijayawada in 2014 to start afresh and opened another IT firm but failed again.<br /><br />Rao said that dejected with failure and pressurised under huge debts, Kumar started robbery.<br /><br />As many as 14 cases of robbery and house breaking were registered against Kumar in Vijayawada, while three in Rajahmundry and police was in a lookout for him, the senior officer said.<br /><br />Police have recovered cash and other valuable worth Rs 20 lakh from him and further investigation was on. </p>
<p>A former techie allegedly involved in a slew of robbery cases in Vijayawada and in Rajahmundry districts was arrested here today and valuable worth Rs 20 lakh was seized from him, police said.<br /><br /></p>.<p>Software engineer Nadimpalli Vinay Kumar (35), who hails from Hyderabad, worked as a team manager with an IT firm in Hyderabad and later started his own company with 30 people, Vijayawada Police Commissioner, A B Venkateswara Rao said.<br /><br />While he successfully ran the business, a Chennai- based company cheated him to the tunes of Rs 25 lakh due to which he had to shut his firm in 2012 owing to huge losses, he said.<br /><br />Kumar, later moved to Vijayawada in 2014 to start afresh and opened another IT firm but failed again.<br /><br />Rao said that dejected with failure and pressurised under huge debts, Kumar started robbery.<br /><br />As many as 14 cases of robbery and house breaking were registered against Kumar in Vijayawada, while three in Rajahmundry and police was in a lookout for him, the senior officer said.<br /><br />Police have recovered cash and other valuable worth Rs 20 lakh from him and further investigation was on. </p>