Fake currency racket busted in Warangal, couple arrested
Police Taskforce and Intezargunj police busted a fake currency racket and arrested a couple for printing and circulating counterfeit notes of different denominations.
By Newsmeter Network Published on 3 Jun 2021 3:11 AM GMT
Warangal: Police Taskforce and Intezargunj police busted a fake currency racket and arrested a couple for printing and circulating counterfeit notes of different denominations.
Police recovered fake notes worth Rs 10,09,960, a color printer, bond paper, and a cutter. Police said they were printing Rs 2000, 500, 100, 50, 20, 10 denomination notes to earn quick bucks.
Warangal Police Commissioner Tarun Joshi said Vangari Ramesh and Saraswathi used to run a chicken and a fancy center in Kashibugga of Warangal.
Facing financial difficulties, they decided to print fake currency and circulate them in crowded areas. They procured new currency notes of various denominations, scanned and printed them on bond paper. These currency notes were circulated in several shops in Warangal and Hanamkonda.
After receiving several complaints regarding fake notes, police formed teams to crack the case. Acting on reliable information, they raided the house of Ramesh and Saraswathi.
They found 376 Rs 2000 notes, 204 Rs 500 notes, 420 Rs 200 notes, 471 Rs 100 notes, 471 Rs 50 notes, 62 Rs 20 notes, and seven Rs 10 notes in their possession.
The police commissioner lauded the efforts of Task Force ACP Pratap Kumar, inspectors Srinivasji and Madhu, Intezargunj inspector Venkateshwarlu, Taskforce head constable Shyamsunder, constables Srikanth, Mahender, Srujan, and Chiru in apprehending the accused.
