Fake notes racket busted and two persons arrested in Andhra Pradesh
The
Hindu reports that the arrest
of a manpower consultant from Nizamabad,
Vamshi, and another broker, Srinu
alias Subrahmanyam of Tanuku
in West Godavari, by the Directorate
of Revenue Intelligence (DRI) officials
on May 26, revealed that the Districts
of East Godavari and West Godavari,
are emerging as favourite places
for circulating Pakistan-printed
Fake Indian Currency Notes (FICNs)
which are flown into Hyderabad via
Dubai. The confession of Srinu
that he and some other agents from
the these two Districts had been
‘in the business of circulating
FICNs' for long and Vamshi was their
main supplier had suggested that
the FICN racket operated from abroad
had crucial links with some gangs
of the two districts.  
Most
of these FICNs were taken to East
Godavari and West Godavari District
by agents like Srinu for circulation.
Soon after the FICN consignments
arrive at the airport, Vamshi received
the passengers and collected the
notes later on calling the agents
and handing over them the fake notes.
 
But,
the investigators are baffled as
to why the scanners installed at
Dubai and Hyderabad airports have
failed to detect the FICN bundles
brought by the passengers.