Counterfeit Currency Seized in Kurnool District, Andhra Pradesh
Kurnool: The rural police in the Paspula Gram Panchayat area of Kurnool district, Andhra Pradesh, have arrested individuals involved in the circulation of counterfeit currency. The discovery of fake notes has caused a commotion in the village, particularly in the Kyathur Gramam. According to the information provided by the Kurnool police, two cases of counterfeit currency amounting to Rs 90 lakhs from the first set and Rs 30 lakhs from the second set have been reported.
From the first set, Rs 87.50 lakhs were retrieved, while Rs 16.30 lakhs were seized from the second set. In the second group, three individuals named Janampalli Chandrasekhar Reddy, Bhim Pogu Chinnaganna, and Chakali Brahm are involved in the counterfeit currency racket. They have been arrested for their involvement in the circulation of fake notes in Kyathur Gramam. The arrest of these individuals has raised concerns about the extent of their network and who else may be involved.
Furthermore, another noteworthy aspect that has come to light is the connection between the counterfeit currency and a person with a criminal history residing in the village. The investigation is still ongoing to determine how many others may be linked to this individual.
The local community is shocked by the revelation and is demanding a thorough investigation to expose all those involved in this unlawful activity. The police have assured them that they are working diligently to uncover the entire network and bring all culprits to justice.
Counterfeit currency poses a serious threat to the economy and can greatly impact innocent individuals who unknowingly accept these fake notes. Therefore, it is crucial for authorities to take swift action in such cases to maintain public trust in the currency system.
The Kurnool police are urging citizens to remain vigilant and report any suspicious activity related to counterfeit currency. They have also advised shopkeepers and business owners to use counterfeit detection machines to safeguard themselves from falling victim to this illegal practice.
As the investigation continues, it is hoped that all those involved in this counterfeit currency racket will be apprehended, ensuring the safety and security of the local community and the integrity of the monetary system.
