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Fake currency racket busted, 6 held

Hyderabad: A fake Indian currency racket was busted by police under Ibrahimpatnam police station limits, some 35 kms from Hyderabad on Saturday. The police seized Rs. 2000 counterfeit notes worth 2 lakh and arrested six accused in this connection.

On a tip off, police busted the racket and seized two colour Xerox machines and Rs 50,000 in cash among other incriminating material.

Police arrested kingpin Satya Narayana (28) besides Sridhar Goud (26) and Vijay Kumar (25), while Kalyan and Srikanth are said to be absconding.

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