Overview
- Police arrested 12 of 14 suspects on Thursday, including TGSP Reserve Sub‑Inspector Bera Keshava Rao and TGSP constable Mullagiri Vardhan.
- Officers recovered Rs 17.60 lakh in cash, two cars, one moped, 16 mobile phones and 80 bundles of dummy children’s currency notes.
- Investigators say the gang used multiple SIM cards and false identities to pose as real estate traders who could convert blocked or black money and promise large returns.
- When victims turned up with cash the group staged exchanges using dummy notes and persons impersonating police to seize real money, and two suspects who supplied SIM cards remain at large.
- Because two serving TGSP members are implicated, criminal charges and internal disciplinary action are likely and coordination between Telangana and Andhra Pradesh police will be needed to complete the probe.