Fake notes gang busted

Eluru: Devarapalli police busted a four-member counterfeit currency gang at Devarapalli village in West Godavari district on Tuesday. Kovvuru CI C Sarath Rajkumar addressing the media at Devarapalli police station said that Devarapalli police during checking on the National Highway found two persons moving under suspicious circumstances and tried to stop them on February 21. 

But the accused Sigarapu Chittibabu and Polepalli Kishore Babu attacked the police team. Following this, police fired two rounds in the air to nab the culprits, he added. They seized Rs 2 lakh fake currency from the accused in the denomination of Rs 2,000 Rs 500 Rs 200 and Rs 100.

At that time, another accused Sandra Venkateswara Rao, who came to the spot to take the fake notes, fled the spot after seeing the police.  The Kovvuru CI formed a team to nab the other culprits in the case. Police arrested Varada Simhadri Naidu (Vijayawada), Degeala Satya Trimurthulu (Eluru) on March 12 in Devarapalli, Mannem David Raju in Chirala on Tuesday. The CI said that the police seized printers that were used to make the fake currency notes, paper cutters, paper from their possession.

Mannem David Raju (Chirala) used the EPSON printer to print Rs.100, Rs.200, Rs.500 and Rs.2000 currency fake notes and sent those notes to Trimurtulu in Eluru. Trimurtulu with the help of Varada Simhadri Naidu and Chittibabu started exchanging the fake notes, CI added. 

After strict vigilance, the police found these accused in Devarapalli centre and arrested these four and the fugitive Sandra Venkateswara Rao also. Police seized    colour printer Rs 23,000 cash from the accused, CI said.  A case has been registered in this regard, he added.