*Press note* Fake Currency Racket Busted BY SOT, MALKAJGIRI ZONE,

*Press note*
Fake Currency Racket Busted BY SOT, MALKAJGIRI ZONE, 

Rachakonda, APPREHENDED THREE PERSONS FOR Printing 500 DENOMINATION indian CURRENCY Notes Of Rs 10 lakh

 Malkajgiri : The sleuths of SOT, Malkajgiri Zone, Rachakonda apprehended gang of three members indulging in preparing fake currency denominations of 500 notes for circulating into the market. Seized- printer cum scanner, Ten Lakhs fake currency notes and three Mobile phones.

Cr.No. 416/2020, U/S 420,489 (A)(B)(C)(D)(E), 120(B) IPC of P.S Ghatkesar.*

*The details of the accused persons:-*

1 Karam Nagendraprasad s/o Balakrishna, age:30 years, occ: private employee, R/o H.no: 2-7-27,Ramnagar, Sangareddy.

2 Bandari Goutham @ Ramu s/o Vishnu Kumar age: 29 years, occ: Private employee, R/o H.no: 2-7-44/C, Ramnagar, Sangareddy.

3 Tubbakula Naresh s/o Malkaiah, age:25 years occ: Driver R/o H.no: 2-7-64 Rammandir, near old bustand, Sangareddy

Three members gang from Sangareddy area with a criminal conspiracy planned to print the duplicate fake currency notes of denominations of 500/-. For circulating in to the market. They procured one colour Printer cum Scanner, paper bundle, scissors and by placing the original currency note in the scanner machine and printing the colour copies using printer and cutting the copies to similar dimensions of original notes with the help of scissors and making them into a bundle of 100 notes of 500 denomination currency fake notes.
The main kingpin Karam Nagendra Prasad hatched a plan inconnivance with his associates Bandari Goutham @ Ramu, Tubbakula Naresh  all residents of Sangareddy with a criminal intension of circulating fake notes as genuine currency and were printing in the house of Gowtham.
The gang members through their source, they contacts their agents with an agreement of 1:5 ratio of original currency and prepares fake 500 denomination notes with the help of scanner cum printer and they mostly delivers fake currency to their agents. Who inturn supply it to their source by taking commission and this fake currency Xerox copy notes are circulated by mixing in the genuine notes bundles and mostly during night time in crowded places to cheat the vendors. The above gang members were also previously arrested by Hyderabad police.
On 13-09-2020 late night hours on receiving credible information, SOT Malkajgiri team along with Ghatkesar police apprehended the three members gang while they were at Ghatkesar and proceeding to deliver fake currency to their agents and found. Total 10,00,000/- fake currency of 500 notes denomination bundles in their possession and later seized printer cum scanner, scissors and 3 mobiles

Fake notes of Rs.500 Rupees 10,00,000/-
Canon scanner cum Colour Printer
Scissors
Mobile Phones

 The above arrests were made under the supervision of Sri Mahesh M Bhagwat, IPS., Commissioner of Police, Rachakonda, Sri G.Sudheer Babu, IPS, Addl. Commissioner of Police, Rachakonda, Rakshitha Murthy, IPS., Dy. Commissioner of Police, Malkajgiri Zone, and under the guidance of Sri J.Surender Reddy, Addl. Dy.Commissioner of Police, Special Operations Team, Rachakonda, Sri. Y. Narsimha Reddy, ACP Malkajgiri by Sri G.Naveen Kumar, Inspector SOT, Sri Chandrababu, Inspector of Police Ghatkesar PS, Sri G.Srikanth, SI of Police and staff of the Special Operations Team, Malkajgiri zone and Ghatkesar police of Rachakonda Commissionerate.