12 in police net with 2 cr foreign currency

Foreign currency to the tune of Rs 2.07 crore was seized by Task Force (Central) police from 12 persons on Tuesday in Abids. The outdated Brazilian currency (Cruzados) of 1,000 denominations, three motorcycles and 12 cell phones were recovered from their possession

The 12-member gang was identified as Md Sultanuddin, 40, of Nizamabad, Marri Radha Krishnamurthy, 45, of Krishnanagar, Tummala Mohan Das, 58, of Sanathnagar, Md Haji Pasha, 40, of Falaknuma, Md Nazeer, 29, of Venkat Reddy Nagar, Md Minhazuddin, 49, of Darulshifa, Golla Seshagiri, 30, of Badangpet, Syed Khaled, 42, of Khairatabad, Victor Cyril Richard, 34, of Trimulgherry, Guntoju Venkata Chary, 37, of Kapra, Pothireddy Sreenivasula Reddy, 27 and Shaik Moulana, 19, both native of Tirupathi, Chittoor district.

Acting on a tip-off, the sleuths apprehended the accused while they were waiting near a hotel in Abids to dispose the stuff to potential customers. “Radha Krishnamurthy and Haji Pasha procured 9,00,000 outdated Brazilian Cruzados from four other persons – Venkat Reddy, Srikanth, Habeeb and Munna- who are absconding. As per their plan, they came to a hotel in Abids area with an intention to sell them to gullible customers,” DCP, Task Force, B Limba Reddy said.