3 hrs ago
Three Held in Shamshabad Counterfeit Currency Manufacturing Racket
Police in Shamshabad arrested three people suspected of making fake money.
The group was also allegedly putting the fake notes into markets.
Officers found counterfeit notes worth Rs 2.90 lakh.
They also seized machines and other materials linked to the alleged operation.
Police are now checking where the notes were made.
They are also trying to identify other people connected to the group.
The arrested suspects are being questioned.
Authorities have increased checks for fake money around Shamshabad.
Task Force police arrested three people in Shamshabad over alleged counterfeit-currency production and circulation.
Police seized fake currency notes worth Rs 2.90 lakh from the accused.
Equipment and materials allegedly used to manufacture the counterfeit notes were also confiscated.
Police said the notes were being introduced into circulation in the market.
Investigators are examining where the notes were printed and the wider network involved.
- Who
- Task Force police arrested three people suspected of manufacturing and circulating counterfeit currency.
- What
- A three-member alleged fake-currency racket was busted, with notes, equipment, and materials seized.
- Where
- Shamshabad zone of Hyderabad.
- When
- Why
- Police acted on surveillance information and are investigating the alleged circulation and wider network.
Key facts
- Arrests
- Three suspects were taken into custody.
- Counterfeit currency seized
- Fake notes worth Rs 2.90 lakh.
- Other seizures
- Equipment and materials allegedly used to manufacture counterfeit currency.
- Police action
- The arrests followed specific surveillance.
- Investigation
- Police are examining the printing location and the gang's network.
- Security response
- Vigilance has been increased around Shamshabad.
Sources
Related news
Seven Arrested After Fake Currency Racket Busted in Bengaluru
Five Arrested as Fake Currency Printing Racket Busted in Nashik
Seven Arrested After Counterfeit Currency Unit Raided In Ramnagar
Counterfeit ₹500 Notes Worth ₹1 Crore Seized in Virar
Palghar man arrested with counterfeit notes worth Rs 98 lakh
Rs 7.40 Crore Counterfeit Currency Unearthed at PNB Chest
Hyderabad Water Supply Face 24-Hour Disruption for Pipeline Work
Officials told to speed up LRS application clearance in Shamshabad
Security Tightened at Hyderabad's RGIA Ahead of Independence Day
Hyderabad Police Warn of Rising Domestic Help Thefts
