Hyderaba

Two held for circulating counterfeit currency

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With the arrest of two persons, including a youngster from Malda district in West Bengal, the city police busted an inter-state gang smuggling and circulating fake Indian currency notes (FICN) in the State capital.

Counterfeit currency notes in ₹ 2,000 denomination with a face value of ₹ 3.98 lakh was seized from their possession, when the duo were trying to exchange them in Hashamabad area under Chandrayangutta police station limits, said Hyderabad Commissioner of Police Anjani Kumar.

The accused were identified as Mohammed Ghouse alias Bomb Ghouse (48), a history-sheeter from Talabkatta and Rabi ul Sekh (22) from Krishnapur in Malda of West Bengal.

Ghouse was accused in Terrorist and Disruptive Activities (Prevention) Act after he was found in possession of a bomb in 1991, he said. “Since 2011, he has been involved in circulation of fake Indian currency notes. Ghouse was arrested for his involvement in 12 cases in Hyderabad and one each in Vijayawada and Visakhapatnam of Andhra Pradesh,” the Commissioner said.

While under judicial remand in Chanchalguda, Ghouse lost contact of his associate and main supplier Ammenul Rehman (32) of Malda.

After he was released in January, Ghouse planned to start his own business of circulating ‘fake’ notes.

“As he lost contact with Ammenul (who is the main supplier of counterfeit notes to Ghouse ), Ghouse went to Rajahmundry central prison on January 19 and had a mulakath (prisoner interview) with one Suraj Shaik to get contacts of FICN suppliers.

“After obtaining his contact number from Suraj Shaik, Ghouse immediately contacted Bablu and fixed a fresh deal for supplying counterfeit notes to him in Hyderabad. Following their deal, Ammenul sent ₹ 2,000 FICN with a face value of ₹ 4 lakh through his trusted aid Rabi,” Mr Kumar said.

On a tip-off, the Hyderabad Commissioner’s Task Force (south zone) team led by inspector K Madhu Mohan Reddy nabbed Ghouse and Rabi, while trying to exchange the notes.

Earlier, the duo had exchanged a note and give confidence to their clients, cops said.

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