Famous Industrialist Nimmagadda Prasad has been arrested in Belgrade by Serbia Police in relation to the Vanpic Case. He is said to be very close to Jaganmohan Redyy. Vanpic means Vadrave and Nizampattnam Industrial Corridor. During the YS Rajasekhar Reddy government's 2005-06 land acquisition for the Vanpic in the name of coastal development. Altogether, thousands of acres of land were collected in Guntur and Prakasam districts. Despite the acquisition of thousands of acres of land, the VanPick project has not moved forward. The CBI has registered a case, claiming that corruption has taken a heavy toll on these lands. In this case, Jagan along with Mopidevi Venkataramana and Nimmagadda Prasad spent 16 months in jail. Two years ago, Eady acquired 11,804 acres of Vanpic's land.
