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Main accused arrested in Visakha fake black currency case. The police seized the car and 10 cell phones from him and took him to remand.
Visakhapatnam police have arrested a key accused in the fake black currency case that created a stir. The main accused, Abdul Gani alias Gani Raju, who has been running away from the police for the past few days, has finally been arrested and sent to police custody. A car and 10 cell phones were seized from him.
On February 20, the police raided a travel office in Visakhapatnam’s Kakaninagar on credible information that two persons were in possession of black currency. Kosumpuri Venkata Kana Kadurgaraju alias Bhaskara Rao of Visakhapatnam and Maddala Srinivasa Rao of Yandagandi of West Godavari district were detained. Black currency in three bags worth Rs 3 crore was seized from them. They were interrogated and found to be the mastermind of this.
Visakha police formed as special teams are hunting for Ganiraju. While the police were checking the vehicles at Kakaninagar on Friday, the police found Ganiraju in the car and took him into custody. When the accused was interrogated, he said that he was committing fraud by believing that if black colored papers were dipped in chemicals, they would become real currency.
Ganiraju, who hails from Penumarthi area of Kakinada district, was arrested ten years ago in a case of stolen currency exchange. Since then he has been dealing with money laundering. In the end, he got caught like a fish in the net set by the police. The police arrested Ganiraju and registered a case and sent him to remand.
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