Two persons including a woman, who were allegedly involved in printing and circulation of Fake Indian Currency Notes (FICN) in Telangana and other States were arrested in Hyderabad and counterfeit currency with a face value of Rs 27 lakh was seized from them, police said on Monday.
Based on information, police teams apprehended the accused from Chandrayangutta here and seized the fake currency and other material from them, a release from Hyderabad Police said.
The prime suspect in this case, who is brother of the woman accused, had printed the fake currency in denomination of Rs 500 after procuring raw material for preparation of the notes along with his sister, police said.
He circulated the fake notes in Gujarat and was arrested by the State police there in January.
Later, the sister of the prime suspect contacted another accused, an auto-rickshaw driver and shifted all the materials including FICN to Chandrayangutta for further circulation and they were arrested, police said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
Featured Video Of The Day
Neha Sharma Celebrates Birthday With Paps
Decide In "Reasonable Time": Telangana High Court on BRS MLAs' Defection Case IPL 2025 Schedule: New Season To Begin Early, Report Says First Match On... Telangana EV Policy 2024: Here's Everything You Need to Know Amazon Employee Greets Friend At Wedding, Dies Of Cardiac Arrest "Violation Of Sovereignty, Abuse Of Power": Kanwal Sibal On US Report On Adani Group AAP's 7 'Revdis' Ahead Of Delhi Polls: Electricity, Education, Water Ather 450, Rizta Electric Scooters Now Get 8-Year Battery Warranty Dear ICC, Wake Up: Hybrid Model Is Must For India If Pak Has Hosting Rights Notre-Dame In Paris Set To Reopen Next Month, Elon Musk Shares Video Track Latest News Live on NDTV.com and get news updates from India and around the world.