Greater Chennai Police probing suspicious transactions in Veeramani case

Suspicious transactions to the tune of several crores of rupees have allegedly surfaced in the Protection of Children from Sexual Offences (POCSO) Act cases filed against Gem Granites owner R. Veeramani and his associates. 

Police sources said that at least 23 kg of gold and huge money transfers had taken place between the businessman and a suspected mediator in November 2024, when the first complaint was filed, and in early 2026, when a closure report was filed. 

During this period, the octogenarian granite baron sexually abused a few more minor children, and one of them came forward to file a police complaint. “There is information that a few more minors were exploited between November 2024 and December 2025. We are yet to receive complaints from them,” a senior police officer said.

Investigators probing money trail in the case came across the purchase of 23 kg of gold from a city jeweller. “We have established the source and immediate destination of the gold consignments. The person who received it in his office is absconding. We will soon be able to track him down and know why such a huge quantity of gold bars was delivered to him and who were the beneficiaries,” the officer said.

Veeramani sold a parcel of land for ₹85 crore-₹90 crore and gave some of the money to his children. “Most of the money was spent on purchasing the gold or transfer of funds. While cheques were issued for about ₹20 crore, an equal amount of money is suspected to have been transacted in cash,” the officer said. 

The police have so far registered six cases under the POCSO Act and one case of abetment to suicide against Veeramani and others. The Special Investigation Team (SIT) has examined senior police officers who had served in the city when the first complaint of sexual abuse of minors by Veeramani, his associate Shanti and her husband Mahendra Simhan was lodged (on November 22, 2024).

Besides the POCSO Act, the Central Crime Branch (CCB) of the Greater Chennai Police invoked provisions of the Schedules Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989, against the accused persons since at least four of the victims belonged to the Scheduled Castes, the sources said.