"Yes...He has been caught with the help of Interpol officers in Port Louis. Efforts are on to bring him back to India soon," a senior police officer attached to the Crime Investigation Department (CID) of Andhra Pradesh told PTI.
Reddy, an international smuggler of red sandalwood, has close contacts with Chennai-based Sahu Bhai, also an international smuggler.
He had absconded from India after obtaining bail from the AP High Court last year, police had said.
He is also one of the accused in the attempt on the life of Andhra Pradesh Chief Minister N Chandrababu Naidu at Alipiri in 2004.