Warangal.25.01.2025: In a major breakthrough, the KUC police have arrested eight members of a gang involved in selling fake notes. The gang was promising people four times the amount of one lakh rupees to lure them into their fraudulent activities. The police seized real cash worth Rs 38.84 lakh, fake notes worth Rs 21 lakh, white papers used for printing fake currency, a car, an auto, and nine cellphones from the accused.
Details of the Arrest
The police identified the main accused as Manikala Krishna, a 57-year-old from Morampalli Banjara village in Bhadradri Kothagudem district. Other members of the gang include:
- Erragolla Srinivas (36) – Kesavapur village, Hanumakonda district
- Bijini Vemula Venkatayya (57) – Velpanur village, Kurnool district
- Daramsoth Srinu (45) – Nakripet Thanda, Bhadradri Kothagudem district
- Tejavat Shiva (34) – Nakripet Thanda, Bhadradri Kothagudem district
- Gugloth Veeranna (26) – Mukamamidi village, Bhadradri Kothagudem district
- Udutha Mallesh (26) – Keshavpur village, Hanumakonda district
- Erragolla Ajay (25) – Peddapapayyapalli village, Hanumakonda district
How the Police Caught Them
Warangal Police Commissioner Amber Kishore Jha disclosed that Krishna, the main accused, was originally running a sheep business. Due to insufficient income, he devised a fraudulent scheme to make quick money. Krishna claimed to have found a drum of cash in the forest and convinced people that using the money would bring health problems to his family. He assured his victims that if they gave him one lakh rupees, he would give them four times the amount in fake notes.
Krishna collaborated with another accused, Erragolla Srinivas, and stored both real and fake notes in a drum in the Palvancha forest. Srinivas was convinced by Krishna’s plan and agreed to exchange ten lakh rupees for twenty lakh rupees in real notes and five lakh rupees in fake notes.
The police caught the gang red-handed while they were exchanging notes on the KUC Outer Ring Road near Pegadapalle Krad Road. During patrol, officers found their behavior suspicious and searched their bags and car, uncovering the cash, fake notes, and printing materials. Upon interrogation, the gang confessed to their crimes.
Previous Crimes and Accolades
Krishna was previously involved in printing and selling fake notes and had cases registered against him in Sathupalli, V.M. Banjara, and Lakshmi Devi Peta police stations.
The Warangal Police Commissioner congratulated ACP Devender Reddy, Inspector Ravi Kumar, SI Madhav, and other officers for their successful operation in apprehending the gang.
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