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Fake currency racket busted
Police here on Friday busted an inter-state fake currency racket after arresting three persons, including a woman. They also seized counterfeit currency notes of face value Rs 11.95 lakh from them.
Hyderabad: Police here on Friday busted an inter-state fake currency racket after arresting three persons, including a woman. They also seized counterfeit currency notes of face value Rs 11.95 lakh from them.
Acting on a tip-off, Commissioner's Task Force, South Zone Team, with the help of Charminar Police, apprehended Mohd Ghouse, a fruit vendor from Chandrayangutta, besides Shareeful Shaikh and Jahannara Bibi, both from West Bengal's Malda district, when they were allegedly exchanging the fake notes..
Mohd Ghouse was released from jail about one-and-half months ago and revived his old contacts in Malda, with whom he was previously involved in supplying counterfeit currency, they said. “About 10 days ago, he contacted one of his old supplier Babloo Shaik of Malda.
On September 7, Babloo sent fake currency notes of face value Rs 12 lakh through his mother Jahannara Bibi and brother-in-law Shareeful Shaik," Additional DCP N Koti Reddy said. Babloo Shaik is still at large. Further probe is on.
