HYDERABAD: Rachakonda police arrested a fraudster who lodged a burglary complaint along with the five men who committed the offence and seized Rs 17.7 crore worth counterfeit currency from their possession.
Police also seized Rs 6.3 lakh cash from the accused.
On June 15, B Murali Krishna Sharma, 35, a businessman cum astrologer from Bandlaguda, lodged a complaint with LB Nagar police stating that unknown persons broke into his house and stole two trolley bags containing gem stones.
#CCS_LBNagar team #apprehended 06 property offenders & 01cheating (Hawala) offender.
Detected #gravecase &… https://t.co/3vOvCenD2d— Rachakonda Police (@RachakondaCop) 1624435608000During the investigation, police analyzed the CCTV camera footage near the crime scene and identified one of the suspects as V Pawan Kumar, 28, former employee of Murali.
Police apprehended Pawan and based on his confession, arrested the remaining accused — D Rama Krishna, 24, a driver, N Suresh Gopi, 25, a businessman, Ch Vijay Kumar, 27, a priest, K Suryam, 25, an auto driver and Ch Nagendra Prasad, 32, a private employee, from Piduguralla in Guntur district of Andhra Pradesh at Nagole.
The accused confessed that they committed the burglary thinking that huge amount of cash will be in the trolley bags but they found counterfeit currency notes of Rs 2,000 denomination.
Among the accused, Nagendra Prasad is a relative of Murali and based on Prasad’s recommendation, Murali—who runs gem stones sale business—employed Pawan.
Pawan thought of stealing the cash and Prasad also agreed for it.
The duo roped in other accused from their native place in Piduguralla to execute the burglary plan.
After crossing Choutuppal, the accused opened the bags hoping to find gems and diamonds.
Instead, they found bundles of counterfeit currency notes of Rs 2,000 denomination along with 16 notes of genuine currency in same denomination.
The accused set ablaze the counterfeit currency at Nerketpally and fled.
Based on their statement, police arrested Murali and seized Rs 17.7 crore counterfeit currency notes of Rs 2,000 denomination and Rs 6.3 lakh cash from his possession on Wednesday.
Telangana: Fake notes worth Rs 17 crore seized
