nampally-2
Counterfeit currency dealer held with fake notes worth Rs. 11 lakhs in Nampally
On February 1, 2025, Hyderabad police apprehended Pabbati Murali Krishna, a 38-year-old businessman, for printing and circulating counterfeit Indian currency. Krishna, with a history of similar offenses, was caught with over Rs. 11 lakh in fake Rs. 500 notes, printing equipment, and tools. He allegedly exchanged fake currency for real currency at a ratio of 1:3, using associates to distribute the counterfeit notes. The authorities seized his equipment and arrested him for further investigation.08:38 PM Feb 01, 2025 IST