Along with him, Class-1 contractor Chavva Gopalreddy’s house and offices are being inspected by the ED officials.
They are examining the property documents of JC and his family.
A total of 20 personnel were involved in the raid. The inspections are being carried out amid heavy security in Tadipatri.
JC Prabhakarreddy’s brother, former MP Divakar Reddy was also present during the inspection by the ED authorities.
Sources say that officials have seized all their mobiles and are not allowing outsiders to contact them.
ED is expected to make a statement about the raid and their findings later on in the day.
TDP is suspecting political vendetta behind these raids especially as elections are fast approaching.
JC Brothers are becoming active in Anantapur district with elections just two years to go and Prabhakar Reddy is also planning a Bus yatra to strengthen the party.