Hyderabad: The city police officials, on Friday, arrested two men after seizing Rs 3.98 lakh fake Indian currency and a two-wheeler from their possession. One of the accused, Mohammed Ghouse, was a history-sheeter in Chandrayangutta, Hyderabad.

"In the year 1991, as he was found in possession of bombs and was charged under sections of the Terrorist and Disruptive Activities (Prevention) Act. Since 2011, he has been involved in circulating fake Indian currency," a press release by police said.

So far, he has been arrested in 12 cases in Hyderabad and one case each in Vijayawada and Vishakhapatnam in Andhra Pradesh.

Ghouse was released on bail in the above cases on 12 January 2018, and he had planned to re-start circulating fake currency

He had lost contact with Ameenul Rehman, allegedly the primary supplier of fake currency to Ghouse for the last few years, who is wanted by police in three cases in Hyderabad. So, Ghouse went to Rajahmundry Central Prison on 19 January and met Suraj Shaik and obtained the phone number of Rehman alias Bablu.

Ghouse contacted Bablu and fixed a new deal for supplying fake Indian currency.

As per the deal, Bablu sent Rs 4 lakh worth fake Indian currency through his trusted aide Rabiul Sekh.

While both Ghouse and Rabiul Sekh were trying to exchange fake Indian currency in Hashamabad area in Chandrayanagutta police station limits on 15 February, they were caught by South Zone Task Force and Chandrayangutta police.

The prime accused Ameenul Rehman alias Bablu's village is located near Bangladesh border, and he allegedly procures fake currency from Bangladesh through agents, the release added.


(With PTI Inputs)