3 held for attempting to exchange banned Turkish currency

Gopalpuram police arrested three persons including an assistant film director and a businesswomen for attempting to exchange banned Turkish currency with people and cheat them.Police seized the currency with face value of Rs 5 crore from the trio, while hunt is on to nab another accused.

According to police, the prime accused Naveen Kumar, who is currently absconding, had procured 100 notes of banned Turkey currency and gave them to his friend S Naresh Kumar. Lured by Naveen that the currency was worth Rs 10 crore and Naresh thought of giving him `84 lakh after the exchange. However, soon



he found that the notes were banned and sought help of his friend Kiran to exchange the cash. Kiran, who works as an assistant film director, took Naresh to a businesswoman Ch Ratna Prabha.

Being a realtor, Ratna Prabha accepted to exchange the Turkish currency and sought commission. Subsequently, they went to Secunderabad railway station on Monday and were waiting to exchange the notes. On a tip-off, police swung into action and apprehended the trio.A total of 100 notes of Turkey currency, three mobile phones, one car and a bike were seized from the accused.