Gajula Venkaiah Naidu was arrested from his hometown Tenali in Guntur district yesterday based on a recent complaint filed by the woman. He was brought to Hyderabad where he was produced in a local court, they said.
Naidu is accused of sending abusive mails, morphing photos of the complainant and threatening to publish them, police said in a statement.
The accused was earlier arrested in May last year by the police following a complaint by the victim.
The woman and the accused knew each other and it was revealed that she had borrowed money from him for purchasing a flat.
The accused, taking undue advantage of his position, started sending her objectionable photos and abusive messages, police said.
A case was registered by Cyber Crime police station under relevant sections of I-T and IPC, they said adding that further investigation is on.