The police have seized fake and original currency worth Rs. 50 lakhs and have arrested the culprits.
The incident took place in Hyderabad.
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LB Nagar police has nabbed an inter-state gang on Friday for cheating people by diverting their attention and giving them fake currency. Officials recovered fake currency worth Rs 47 lakh and also seized original currency amounting to Rs 3 lakh.
The police identified the accused as Racha Raju, 28, and Nenavath Shanker, 42. The gang also included Doosa Jangaiah, 41, a driver and Shiva Rathod, who is absconding.
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