Pramesh S Jain & Dr.Thomas (Special Correspondent)
he CCB officials on Wednesday busted a money doubling racket and raided a house where the gang from Sudan and African nationals are operating.
The police seized 10,033 fake currency of Rs.500 denominations and 708 US dollars of 100 denomination, altogether worth of Rs.1.10 Crore along with computer,chemicals and blank papers cut into the size of currency notes from the house.
The accused had rented a house in Hennur and targeting people on social media offering money doubling,Black bill unmasking,Original-fake currency swapping,American dollar Investment assurance.
One of the victim lost Rs.50,000 and complained to the police.Based on the complaint the police raided the house and seized the articles but the accused managed to escape.
Efforts are on to track down the accused and further investigation are on to ascertain their involvement in similar cases .
Finally Bengaluru Police Commissioner,CH Pratap Reddy has appreciated Joint CP Crime,Dr SD Sharanappa,DCP Crime-1,Yathish Chandra GH,DCP Crime-2,Badrinath and other officers and staff who has done commendable job in busting the racket and a suitable reward will be given to whole team he added.