Fake Currency Racket Busted in Mancherial District, 12 Arrested and Two on the Run
A major fake currency racket operating in Mancherial district was exposed after counterfeit notes surfaced at a petrol bunk, leading to multiple arrests and the seizure of cash, vehicles, and phones.
- Fake Currency racket uncovered after petrol bunk incident.
- Mancherial police arrest 12 accused in Fake Currency case.
- Counterfeit notes worth nearly six lakh seized.
A routine fuel transaction triggered the collapse of a large fake currency network in Telangana’s Mancherial district, revealing how deeply counterfeit notes had entered local markets. Police confirmed the arrest of 12 people in connection with the Fake Currency case, while two key accused remain absconding.
The case came to light after staff at an Indian Oil petrol bunk in Laxettipet noticed something unusual. Three five hundred rupee notes with identical serial numbers were handed over by customers who had filled diesel worth fifteen hundred rupees and left quickly. The issue was reported to the bunk owner, who immediately alerted the police.
Using CCTV footage from the fuel station, police traced the vehicle involved and detained suspects for questioning. What began as a small inquiry soon expanded into a full scale investigation, uncovering a well organized Fake Currency racket operating across district and state borders.
Investigators found that the operation was allegedly led by a real estate businessman from Itikyala village in Laxettipet mandal. Driven by the lure of fast money, he is believed to have formed a group with several associates and sourced counterfeit notes from contacts in Andhra Pradesh. Police say fake currency worth around twenty lakh rupees was transported into Telangana for circulation.
As the probe widened, officers seized counterfeit notes worth five lakh ninety eight thousand five hundred rupees, along with three cars and twelve mobile phones used in the operation. Twelve accused were taken into custody, while two suspects from Kakinada are still being searched for.
Senior police officials praised the local investigation team for their swift and coordinated action. Authorities have warned traders and the public to remain vigilant, stressing that even a single suspicious note should be reported immediately to prevent the spread of Fake Currency in local markets.
