Three Maoist Arrested in Mahbubnagar, Rs. 12 lakh Cash Seized

December 02, 2016 14:08
Three Maoist Arrested in Mahbubnagar, Rs. 12 lakh Cash Seized

On Thursday, the Mahbubnagar police arrested three people, including a postmaster. They were trying to exchange 12 lakh demonetised currency with the new Rs 2,000 notes in Manthangode village.

Police arrested G Satyanarayana Chary, 36, who is a branch postmaster of Manthangode district. Police also arrested Ch Trinadha Rao, 45, a deputy project manager of Gaja Engineering Company Pvt Ltd, and L Siddharth, 27, an engineer with the engineering firm.

The Makhtal police got a tip-off and they raided the house of Chary in Manthangode.

"On interrogation, Trinadha Rao reportedly confessed that the demonetised cash was given to him by three masked Maoists in the forest of Bheemavaram village in Chhattisgarh bordering Khammam district, on November 12. Trinadha Rao and Siddharth went to Bheemavaram village to hand over 1.3 lakh, reported commission to the outlawed CPI (Maoist) party, to carry out ongoing works of their company without facing any problems from the outfit at Cherla area in Khammam district bordering Chhattisgarh," Mahbubnagar SP Rema Rajeswari told TOI.

"After receiving the money, the three masked Maoists gave him 12 lakh demonetised currency and asked him to exchange it for a commission. Siddharth, who was accompanying Rao, told the latter about his postmaster friend Chary."Initially, Chary demanded 30% commission for the exchange but later settled for 15%. Our men caught the trio when they met at Chary's house to finalize the deal," the SP added.

Police also seized 12.014 lakh cash, including 14, 100 notes. They also recovered three cell phones from their possession. They were presented in court and remanded in judicial custody.

Also Read: 18 Maoists Killed in Encounter near AOB, 2 Constables Injured


If you enjoyed this Post, Sign up for Newsletter

(And get daily dose of political, entertainment news straight to your inbox)

Rate This Article
(0 votes)