
Counterfeit currency racket busted in Chittoor.
TIRUPATI: Chittoor police busted a counterfeit currency racket on Wednesday. After getting reliable information, the Special Investigation Team (SIT) led by Kuppam (Rural) CI MR Krishna Mohan and Ramakuppam SI G Prasada Rao, visited Vijalapuram village and picked up K Manigandan and K Kubendran at a shop. The team seized counterfeit currency worth Rs 98,000 from the duo.
During interrogation, the team learnt that another four people were involved in the racket. The police conducted a raid on the house of Anant Kumar at Samaguttapalli village in Kuppam mandal and found that he along with M Suresh Kumar, B Hemanth and Devireddy Suresh Reddy, was printing fake currency.
The police took them into custody and seized fake currency worth Rs 2,76,22,000, two laptops, three computers, two printers and printing machinery. A huge number of demonetised currency notes of Rs 1,000 denomination were also seized from them.
The accused Manigandan (28), Kubendran (50), and Suresh Kumar (23) hail from Tamil Nadu, while Suresh Reddy (31), B Hemanth (26) and Anant Kumar (33) belong to Chittoor. All the arrested were remanded.
Related Posts
Hazards of high taxes on tobacco
he wise minister of a Mauryan king had advised that since all undertakings depend...
Smuggling of Phensedyl, narcotics, fake notes continues amid lockdown on Bengal-Bangladesh border.
According to BSF officials, most of the smuggling along the India Bangladesh...
Tanzania: Local Firm Wants Action to Curb Imports of Fake Electricity Appliances
The government can tame fake and substandard power and automation appliances by...
Tobacco wholesaler with ties to Springfield accused of defrauding Massachusetts and Connecticut out of $43 million in tobacco tax revenue
A tobacco wholesaler with ties to Springfield is accused of robbing Connecticut...
