BENGALURU: A 24-year-old class 7 dropout spent more than four months learning how to print fake notes of Rs 500 denomination by watching YouTube videos and started printing them two months ago after he felt he had mastered the art of counterfeiting.
However, his luck ran out on January 19, when Subramanyapura police nabbed his two associates who had come to Bengaluru to supply fake currency notes he had printed in a rented house at Anantapur, Andhra Pradesh.
Pullalarevu Raju, the school dropout from Anantapur, is now cooling his heels in jail in the company of his associates – Mannela Gopinath, 26, from Anantapur and civil contractor Charan Singh, 47, and his younger sister R Rajani, 38, from Kadapa. Police seized fake notes of over Rs 10 lakh face value from them.
Preliminary probe revealed Raju, the kingpin, planned to print fake currency to make quick money. He took Gopinath’s help to execute his plan. Raju extensively studied how to print fake notes by watching videos on YouTube. He purchased a laptop, printer and other materials for the purpose.
Raju told police during investigation that he spent at least four months learning to design and print fake currency notes of Rs 500 denomination. Two months ago, Raju started printing the fake notes which looked similar to original ones.
Police have seized a laptop, two mobiles, four colour printers, one black and white printer, ink, screen printing box, lamination machine and other materials from Raju’s house in Anantapur.
According to police, the fraud came to light on January 19, when siblings Singh and Rajani brought counterfeit notes to the city. The two were waiting near their car on Uttarahalli-Kengeri Main Road in Poornapragna Layout to hand over the fake currency to some others when they were arrested. Police seized 818 fake notes of Rs 500 denomination from them.
The accused told police that they got the fake notes from Raju and Gopinath in Anantapur. DCP (south) P Krishnakath formed a special team to investigate the case further.
Sub-inspector Srinivas KR and his team took the suspects to Anantapur on January 22 and raided Raju’s house, where Raju and Gopinath were printing the fake notes. All four have been remanded in judicial custody.
However, his luck ran out on January 19, when Subramanyapura police nabbed his two associates who had come to Bengaluru to supply fake currency notes he had printed in a rented house at Anantapur, Andhra Pradesh.
Pullalarevu Raju, the school dropout from Anantapur, is now cooling his heels in jail in the company of his associates – Mannela Gopinath, 26, from Anantapur and civil contractor Charan Singh, 47, and his younger sister R Rajani, 38, from Kadapa. Police seized fake notes of over Rs 10 lakh face value from them.
Preliminary probe revealed Raju, the kingpin, planned to print fake currency to make quick money. He took Gopinath’s help to execute his plan. Raju extensively studied how to print fake notes by watching videos on YouTube. He purchased a laptop, printer and other materials for the purpose.
Raju told police during investigation that he spent at least four months learning to design and print fake currency notes of Rs 500 denomination. Two months ago, Raju started printing the fake notes which looked similar to original ones.
Police have seized a laptop, two mobiles, four colour printers, one black and white printer, ink, screen printing box, lamination machine and other materials from Raju’s house in Anantapur.
According to police, the fraud came to light on January 19, when siblings Singh and Rajani brought counterfeit notes to the city. The two were waiting near their car on Uttarahalli-Kengeri Main Road in Poornapragna Layout to hand over the fake currency to some others when they were arrested. Police seized 818 fake notes of Rs 500 denomination from them.
The accused told police that they got the fake notes from Raju and Gopinath in Anantapur. DCP (south) P Krishnakath formed a special team to investigate the case further.
Sub-inspector Srinivas KR and his team took the suspects to Anantapur on January 22 and raided Raju’s house, where Raju and Gopinath were printing the fake notes. All four have been remanded in judicial custody.