Hyderabad Police Bust Fake Currency Racket; Vehicles, Notes Recovered

Hyderabad police on Thursday arrested eight individuals for allegedly printing and circulating counterfeit Indian currency. Officials seized fake notes worth ₹4.75 lakh, all in ₹500 denominations, during the operation.

According to the police, special teams conducted a raid on November 12 in the Mehdipatnam police station limits, where the gang was reportedly running the illegal printing setup. Along with the counterfeit currency, authorities also recovered a car and three two-wheelers believed to have been used in the circulation of the fake notes.

The arrested accused have been booked, and further investigation is underway to trace the wider network behind the racket.