Hyderabad Fake Currency Racket Busted: Police Seize Counterfeit Notes Worth ₹6.78 Crore, 4 Arrested

Published 04 Nov 2026, 11:53 IST

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center · 1 outlet

The police said they arrested four persons identified as Madupoju Karnakar, Chinnolla Manikya Reddy, Cherukupelly Rathnakar Reddy and Karanam Ajay Kumar.

— Deccan Chronicle
right · 1 outlet

A major counterfeit currency racket has been busted in Hyderabad, where Future City Police have arrested four accused and seized fake currency notes worth a staggering ₹6.78 crore. According to police officials, the entire recovered amount consists of counterfeit ₹500 notes, exposing a large-scale…

— ABP Live

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A major counterfeit currency racket has been busted in Hyderabad, where Future City Police have arrested four accused and seized fake currency notes worth a staggering ₹6.78 crore. According to police officials, the entire recovered amount consists of counterfeit ₹500 notes, exposing a large-scale…

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ABP Live Center-Right ABP Group Current article 04 Nov 2026, 11:53 IST

Hyderabad Fake Currency Racket Busted: Police Seize Counterfeit Notes Worth ₹6.78 Crore, 4 Arrested

Read full article at ABP Live ↗

Deccan Chronicle Center Deccan Chronicle Holdings 04 Nov 2026, 10:30 IST

Fake Notes Worth Rs 6.78 Crore Seized, Four Held

The police said they arrested four persons identified as Madupoju Karnakar, Chinnolla Manikya Reddy, Cherukupelly Rathnakar Reddy and Karanam Ajay Kumar.

Compare on Varta → Read at Deccan Chronicle ↗