Simultaneous raids were conducted on Poornachandra Rao’s houses at Chennai and Hyderabad by the Income Tax officials.

The raids coincide with the releases of his big projects. While his Tamil film ‘Arul’ hasn’t been doing as well as expected, his Telugu release ‘Venki’ has been doing pretty good business.

It is not yet known if the raids fetched any results. Recently, Tamil cine actor Ajith’s house was raided too.