Currency racket busted

Staff Reporter

Two persons held with cash and some boxes

They allegedly put white paper between genuine notes in separate bundlesOn a tip-off, police send a decoy

VISAKHAPATNAM: The Task Force Police have busted a gang involved in cheating people by selling `fake' currency notes.

Durga Prasad of Kakinada and Bapuji of Srikakulam were caught on Monday on the charge of putting white papers between genuine notes in separate bundles by stashing them in boxes and selling them to their clients for circulation in the market.

They used to put original notes on both sides of the bundles so that the clients were under the impression that they were genuine.

Task Force SI Malla Mahesh said that they were selling bundles in the denomination of Rs.50, Rs.100 and Rs.500 by putting them in separate boxes.


They were giving bundles in exchange for one-third of genuine notes.

The tricksters also used to shout `police, police' at the time of exchanging fake notes with genuine notes.

After scaring away their clients and asking them to leave the premises, they were absconding with their booty.

According to the police, so far they had cheated 10-15 persons.

Following a tip-off, the police sent a decoy and asked Bapuji to arrange some notes.

Later, he also invited Durga Prasad.

They were caught along with Rs.3,500 and some boxes at the time of transaction at an apartment in the fourth lane of Dwarakanagar.

The raid was conducted by Mr. Mahesh, head constable Babu Rao and constable Hafiz.

The accused were handed over to four-town police.

Brothel raided

The Task Force arrested two commercial sex workers and the brothel owner following a raid on a house in NAD Kotha Road area.

Yeneti Ganga, an ex-convict and Prasad, a pimp, were sent to the Kancharapalem police station along with the sex workers.

Two mobile phones, a Scooty and other material were seized.

Recommended for you