Five from Siddipet held for printing, circulating counterfeit currency

With the arrest of five persons, including a constable with Border Security Force and two students, Hyderabad police claim to have busted a counterfeit currency printing and circulating gang and seize

With the arrest of five persons, including a constable with Border Security Force and two students, Hyderabad police claim to have busted a counterfeit currency printing and circulating gang and seized counterfeit currency with a face value of ₹16 lakh. The arrested are Chukkapuram Santosh Kumar (29), a photographer, Janaki Sai Kumar (24), who is into courier business, Dharmaji Neeraj Kumar alias Pintu (19), Jaligam Raju (20), both students of B.Com I year, and Sunkari Srinivas (31), a BSF constable, all residents of Siddipet. The gang which was believed to be operating for the past two months from Siddipet town was busted by the sleuths of Commissioner’s Task Force, West Zone. They seized 1,400 fake notes of ₹500 denomination (with a face value of ₹7 lakh), 1,800 partial fake ₹500 denomination notes (with a face value of ₹9 lakh), 50 partial fake ₹200 denomination notes (with a face value of ₹10,000), a scanner-cum-printer, a laptop and other incriminating material from their possession.