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Home Crime News

Hyderabad Police unearthed Interstate Fake Indian Currency Circulation Gang – Apprehended 2 Persons

Admin by Admin
August 19, 2022
in Crime News, Latest News, SOUTHERN STATES, TELANGANA POLICE NEWS
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Hyderabad: The Commissioner’s Task Force, South Zone Team, Hyderabad along with Mirchowk Police apprehended two persons who are making, printing and circulating Fake Indian Currency Notes in Hyderabad and other cities. Total the police seized Fake Indian Currency Notes of Rs.2.5 lakhs at the instant of accused.

The apprehended accused are: Syed Ansar(27), resident of Maharashtra; Shaik Imran(33), resident of Hyderabad; Shaker resident of Karnataka who is absconding, the  Main Source for Fake Currency.

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Seized Fake Indian Currency Notes: Denominations 100, 200, 500 and 2000 Notes all worth of Rs.2, 50,000/-.

In this case the main accused Shaker, resident of Hulsoor, Karnataka State, is leading his life by running NS Computers and Xerox Centre at his native place. Further, with an intention he hatched a plan to print the Fake Indian Currency Notes to make easy money through illegal means. As per his plan he procured all necessary equipment’s and started to print Fake Indian Currency for further circulation. Later, he shared his plan to one of his relative Syed Ansar, 27 years, resident of Lathur, Maharasthra State and directed him to circulate the Fake Indian Currency in the market. For that, Shaker sold out the Fake Indian Currency to one Ansar in a ratio of 8000 OC: 50,000 FC. Subsequently, Syed Ansar, resident of Maharastra State was re-selling the same to Shaik Imran(33), resident of Falaknuma, Hyderabad in a ratio of 15,000 OC; 50,000 FC for further circulation.

Basing on credible information, the Commissioner’s Task Force, South Zone, Hyderabad along with Mirchowk Police apprehended the above accused at MGBS Out Gate which comes under the limits of Mirchowk Police Station and seized the Fake Indian Currency Notes, All worth of Rs.2.5 Lakhs. The accused and seized property was handed over to SHO Mirchowk Police Station for further investigation.

The above arrests were made under the supervision of Mrs. Sneha Mehra, IPS., I/c ADCP, Task Force, South Zone, Hyderabad, Mr. S. Raghavendra, Inspector of Police, South Zone, Mr. M. Appala Naidu, Inspector of Police, Mirchowk Police Station, SIs S/Mr. N. Srishylam, Mr.V. Narender, Mr. K. Narsimulu , Mr. Shaik Buran and Staff of South Zone Task Force, Hyderabad City along with Mirchowk Police.

Our Citizen Reporter

B. Bharath Reddy

Tags: Hyderabad

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