Fake Currency racket busted, four arrested in Sircilla

Sircilla police on Tuesday arrested four persons for attempting to cheat people by circulating fake currency notes mixed with genuine currency and seized 14 bundles of fake ₹500 notes, a car, five mobile phones and ₹21,000 cash from their possession at Gandhi Chowk in the town. 

Police said the accused were identified as Palaji Srinivas, 32, and Uppu Ramesh, 38, of Beerpur mandal in Jagtial district, Godisala Santosh, 31, of



Chandrampet in Rajanna Sircilla district, and Kandu Naresh,32, of Vidhyanagar in Jagtial.

Police said the gang had procured the fake notes from an unidentified person in Hyderabad. Their modus operandi was to place counterfeit notes between real ones while making payments, thereby duping shopkeepers and unsuspecting people. Acting on a tip-off, police nabbed the gang at Gandhi Chowk and registered a case. Further investigation is underway.