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Visakhapatnam: The Sullurupeta police in Tirupati district have apprehended five individuals associated with a gang involved in a fraud relating to the exchange of discontinued Rs 2,000 currency notes. Law enforcement authorities succeeded in recovering Rs 73.2 lakh in cash from the culprits.Superintendent of police V Harshavardhan Raju revealed that a local businessman, Jagadeesh, had been defrauded to the tune of Rs one crore. The perpetrators reportedly approached Jagadeesh, asserting they could provide him with Rs two crore in Rs 2,000 denomination notes in exchange for Rs one crore in...

Visakhapatnam: The NIA special court in Visakhapatnam has sentenced three persons to rigorous imprisonment (RI) in a fake currency case.The accused identified as Firoj Saikh, Tajamul Saikh and Enamul Haque, have been sentenced to a total of seven years of RI in the 2018 case relating to seizure of fake Indian currency notes (FICN) having face value of Rs10,20,000. The seizure was made from two accused, Md Mahaboob Baig alias Azhar Baig and Syed Imran, who were travelling on the Howrah-Hyderabad East Coast express. On being interrogated, they revealed the...