The Hindu : Andhra Pradesh News : Fake note racket busted

Online edition of India's National Newspaper
Wednesday, Sep 15, 2004

Andhra Pradesh

Andhra Pradesh

Fake note racket busted

By Our Staff Reporter

HYDERABAD, SEPT. 14. A four-member gang allegedly making and circulating counterfeit currency notes was busted by the Hyderabad police Task Force (South) team on Tuesday.

As many as 8,800 fake currency notes of Rs. 100 denomination, 10 `incomplete' bundles, a computer with colour printer and other material were seized at their instance.

Perfect technique

The arrested were so perfect in the technique of making fake currency that none of the bank staff could distinguish when some notes were presented for "testing," the Additional Commissioner of Police, A.K. Khan, told a press conference.

Describing the modus operandi, he said after scanning an original note through a computer, the accused used to store images in the hard disk. Later, they would take colour printouts of two sides of the note on separate papers and join them using high quality glue and a glass top. To ensure that a silver line was printed on the note, they would press a silver roll on the notes making it difficult to distinguish from a genuine one, Mr. Khan elaborated.

They were also using a specially made dye to emboss the transparent Gandhi picture on the open space of Rs. 100 note.

The arrested were a Unani doctor, Khaled Masiuddin (35) of Edibazar, a suitcase maker, Mohd. Heera (32) of Bihar, a screen printer, Ratnala Krishna (28), and a realtor, Dugge Israel (30), of Mahabubnagar.

The raid was conducted by Inspector, M.N. Ghori, Sub-Inspectors -- S. Mohan Kumar, Syed Fayaz, B. Koteswar Rao, S. Mohan Kumar and Md. Tanveer Ahmed Khan.

Printer friendly page
Send this article to Friends by E-Mail

Andhra Pradesh