Unicaus NEWS
Police seized counterfeit ₹500 denomination notes value ₹4.75 lakh, a hatchback four-wheeler, three two-wheelers, and 9 cellphones throughout a raid performed at Eidgah Grounds, First Lancer, on November 12. The accused have been recognized as Kasthuri Ramesh Babu, 35, the alleged mastermind, together with Abdul Waheed, 21, Mohd Abdul Khader alias Taha, 21, Mohd Sohail, 21, Mohd Fahad, 23, Shaik Imran, 23, Omer Khan, 23, and Syed Altamash Ahmed, 21, all residents of Hyderabad.
An officer from the duty power mentioned that Ramesh Babu, a automobile mechanic from Tandur, had earlier been arrested in related faux forex instances by Rajkot, Chandrayangutta, and Gopalpuram police.
Investigations revealed that Ramesh, with assist from his sister Okay. Rameshwari, was printing faux ₹500 notes at his residence in Tandur. The duo scanned real notes, edited them on a software program for correct dimensions, and printed them. “They used inexperienced reward wrap paper to mimic the safety thread, pasted it on the counterfeit notes with adhesive, dried them utilizing a warmth gun, and packed them into bundles resembling real forex,” defined the officer.
Police discovered that Ramesh had posted a video on Instagram, sharing his telephone quantity to draw patrons.
The gang operated by way of a layered distribution system: Ramesh provided counterfeit notes to Waheed and Taha on a 1:4 ratio, who then handed them to Sohail and Fahad at a 1:3 ratio. The notes have been additional circulated by Imran and Omer on a 1:2 ratio, with Altamash being the ultimate level of change.
All eight accused have been arrested on November 12 and produced earlier than court docket. Officials mentioned additional arrests are seemingly as efforts proceed to determine others related to the counterfeit racket.
Published – November 13, 2025 06:40 pm IST
