Woman cop, 4 others, held for extorting Rs 12 lakh from retired naval person in Vizag
As per the police, Kolli Srinu, a Navy petty officer and a resident of Gajuwaka, received his retirement benefits recently
By Newsmeter Network Published on 7 July 2023 1:12 PM GMT
Visakhapatnam: The Vizag city police arrested four persons, including a woman Reserve Inspector of Vizag Police Commissionerate for cheating and duping retired naval personnel after striking a deal to exchange Rs 2,000 currency notes. The four threatened the victim and extorted Rs 12.1 lakh cash from them. It may be recalled that the Union government announced the withdrawal of Rs 2,000 notes a few weeks ago and opened channels to exchange the notes by September 2023.
DCP (Law and Order) V Vidyasagar Naidu said that the arrested persons have been identified as Reserve Inspector B Swarnalatha, who is also vice-president of AP Police Officersā Association, M Hema Sundar (Armed Reserve Constable) Shyamsundar and V Srinivasa Rao (Home Guard) and one middleman V Suribabu.
Case details
As per the police, Kolli Srinu, a Navy petty officer and a resident of Gajuwaka, received his retirement benefits recently.
Srinuās friend informed him about a plan to make money with his retirement benefits. Srinuās friend asked him to give Rs 500 currency notes to Suribabu who will in return give Rs 2,000 currency notes with a 10 per cent profit. For example, if someone were to provide Rs 90 lakh cash in the form of Rs 500 notes in this transaction, they would receive Rs one crore cash in the form of Rs 2,000 currency notes.
On July 6, Srinu and his friend with Rs 12 lakh cash of Rs 500 currency notes went to Seethammadhara to meet Suribabu. While the three were examining the cash, three persons in a police jeep made a sudden entry. When Srinu and his friend tried to escape, Swarnalatha, along with three men, stopped them and threatened them with dire consequences and extorted Rs 12.1 lakh cash.
Based on the complaint from the victim, the Dwaraka police registered a case against the four persons under sections 386, 341, and 506 r/w 34 of IPC. We have arrested the accused and seized Rs 12.1 lakh cash from them, the DCP said and added that further investigation is on to expose the more illegal activities of Swarnalatha and others.
