Fake currency gang Target Farmers In Nizamabad, Kamareddy 'Fake Notes'

Incidents involving fake currency have increased in several north Telangana districts in recent times, with fraudsters targeting gullible people by circulating counterfeit Rs 500 denomination notes. 

Varni police, under the Nizamabad Police Commissionerate, busted a fake currency gang and traced its modus operandi. Police said the gang primarily targeted farmers in villages, luring them with offers to clear crop loans. 

Victims were promised Rs 3



lakh in fake currency in exchange for Rs 1 lakh in genuine notes. To attract people, some individuals even circulated misleading social media reels showcasing supposed currency “distribution”.

As a result, several people in Nizamabad and Kamareddy districts fell prey to the racket and approached middlemen. Police found that inter-State gangs from Telangana and Maharashtra were involved in manufacturing the fake currency and transporting it to interior villages for circulation.