Man held in Hyderabad for printing fake Rs 2,000 notes
Raju Prasad, 28, police said, was printing currency notes, all of 2000 denomination, using a colour photocopy machine in his house
Published Date - 18 June 2021, 09:44 PM
Hyderabad: Uppari Raju Prasad could easily be passed off as any other normal man on the street, trying to earn a livelihood by plying an auto-rickshaw. And that is how most people in JP Colony of Patancheru, where he lived, saw him too. The facade, however, fell apart on Friday, when the KPHB police arrested him on charges of printing and circulating fake currency notes.
Raju Prasad, 28, police said, was printing currency notes, all of 2000 denomination, using a colour photocopy machine in his house. With his job as an auto driver not earning him much, he used the notes he printed himself to purchase regular commodities and groceries, police said.
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Investigation revealed that Prasad was no newbie in the business, with the man having been at it for the last five years, being arrested as well for the same crime. He had cases registered against him in different police stations in Telangana and Andhra Pradesh as well. Police said Prasad’s knowledge in printing colour pamphlets using a laptop helped him, and he was into printing currency notes for his use since 2016. For this, he had purchased online a colour printer and photocopy machine from a popular e-commerce portal.
The man had cases registered against him in Patancheru, Mandavalli of Krishna in AP, Eluru I-Town police station in West Godavari of Andhra Pradesh, and also the Bachupally and Sangareddy Town stations in Telangana. The fake note trail, which stretched from a footwear shop in Isnapur and shopping malls in KPHB Colony to other shops in the locality, saw the police keeping an eye on him and finally nabbing him while he was in the possession of eight such Rs 2,000 notes on Friday. They recovered another six fake notes from his house. Prasad was produced before the court and remanded in judicial custody.
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