Victim cheated with children’s play notes in Hyderabad, three held

Three men were arrested by Turkapally police for duping a local resident with fake currency notes disguised as genuine Rs. 500 bills. The accused lured the victim with a promise of doubling his money, but handed over bundles filled with children's play currency.

Hyderabad: The Turkapally police have arrested three persons for allegedly cheating a man of Rs. 1 lakh by using children’s play currency notes resembling genuine Rs. 500 notes and luring him with the promise of doubling his money. 

According to police, the suspects approached a resident of Turkapally mandal and offered to give him Rs. 2 lakh in exchange for Rs. 1 lakh. Believing the offer, the victim handed over Rs. 1 lakh to the accused at Pallepahad stage.

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The victim later discovered that the bundles contained only a few genuine Rs. 500 notes placed on the top and bottom, while the remaining notes were children’s play currency bearing the words “Children’s Bank of India – Specimen.” 

Realising that he had been cheated, he lodged a complaint with the Turkapally police. Based on the complaint, the police registered a case and arrested the three accused on Wednesday. 

The arrested persons have been identified as Udumrakola Yakambaram (29), a resident of Bhuvanagiri, Udumrakola Devender (38), a resident of Bhuvanagiri, and Maddeboyna Nagaraju (34), a resident of Kuntlur, Hayathnagar.  

The police  seized 16 bundles of children’s play currency notes, cash worth Rs. 10,000, one Hero Honda Passion motorcycle, and three mobile phones from the accused.

During the investigation, police found that Udumrakola Yakambaram is a habitual offender and had earlier been involved in similar fake currency cheating cases registered at the Subedari and Narsampeta police stations. 

He was previously arrested, remanded to judicial custody. After his release, he resumed similar offences. Turkapally Police Station Sub-Inspector Mohammed Takhiuddin cautioned the public against believing promises of easy money, quick-profit schemes, or suspicious currency exchange offers. He advised people to immediately report such activities to the nearest police station to prevent fraud.