Bengaluru: Driver opts high speed lane to affluence - Makes counterfeit currency


Daijiworld Media Network - Bengaluru (SP)

Bengaluru, May 4: The police seized fake counterfeit currency notes worth Rs 81.3 lac from Somanna Gowda, Kiran Kumar and Nanje Gowda, when they were trying to sell fake currency notes. They printed the counterfeit notes as they wanted to become rich as fast as possible.

Somanna Gowda (38) is a conductor-cum-driver of Bangalore Metro Transport Corporation Ltd (BMTC), Nanje Gowda alias Swamy (32), happens to be a BMTC driver, and Kiran Kumar (24), is a photographer by profession. They were taken into custody from Kogilu Cross, Yelahanka. Counterfeit currency notes worth Rs 81.30 lac were seized from their possession.

On being produced in the court, all the three were remanded to judicial custody. The police are now hunting for Ramakrishna, who is said to be the mastermind behind this business.

The police said that Somanna Gowda came in contact with Ramakrishna through a friend. Ramakrishna used to convince people to invest with him with the promise of doubling their investment in a month. When giving the investments back, he used to hand over counterfeit currency. Gowda tried his hand at this, and got two lac rupees within a month after investing one lac rupees. He then sold his land and invested the entire sale proceeds of Rs 7.5 lac with Ramakrishna. Ramakrishna did not pay back the money. After waiting for six long months, Gowda threatened to end his life, duly leaving behind a death note blaming Ramakrishna.

Ramakrishna, who was taken aback, then trained him in making fake currency notes, after which Gowda rented a house at Garvebhavipalya, bought computers and colour printers and got into business. As it was difficult for him to manage the business alone, he roped in his colleague, Nanje Gowda. Nanje Gowda got Kumar, his friend from his native place, Hassan, to join the business as he was good at photo shop and computer jobs.

After producing about Rs 81 lac worth of currency, they contacted Ramakrishna, who asked them to bring Rs 50 lac notes for exchanging them with Rs 25 lac genuine notes. Ramakrishna asked them to deliver the consignment of notes to his representative near Kogilu Cross on April 26. The police team led by inspector, M B Ramakrishna Reddy, was tipped off about this illegal trade by someone. The team arrested the trio and confiscated the counterfeit currency notes.

It is gathered that BMTC has since suspended the services of the two employees involved with the scandal.

  

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Comment on this article

  • Vincent Rodrigues, Katapadi/Bangaluru

    Sun, May 05 2019

    Illegal activities are made through illegal ways only.

    DisAgree Agree Reply Report Abuse

  • Ahmed K. C., Mangalore

    Sun, May 05 2019

    This is the proof of failure of demonetization.
    And, these are the actual Anti Nationals.

    DisAgree [2] Agree [4] Reply Report Abuse

  • Rita, Germany

    Sat, May 04 2019

    Now Gowda lost his land ,house and job.One should be careful in investing in a unknown project ,that too in a fakeone.Mastermind of this must be laughing in his faust now for escaping and has most of the money.

    DisAgree Agree [1] Reply Report Abuse

  • Ruben Pinto, Mangalore/Australia

    Sat, May 04 2019

    India should implement block chain to get rid of this counterfeit menace. Also this will stop money laundering and funding terrorism.

    DisAgree Agree [4] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, May 04 2019

    What happened to the NaMo Chip inside the Rs. 2000 Note ...

    DisAgree [6] Agree [31] Reply Report Abuse

  • James, Belman

    Sat, May 04 2019

    The chip gets deactivated automatically when the currency is used for golmal business

    DisAgree Agree [11] Reply Report Abuse

  • Ilyas, Udupi

    Sat, May 04 2019

    When demonetization happened some one uttered that it is not possible to make fake currency.

    DisAgree [5] Agree [27] Reply Report Abuse

  • Mangalurian, Mangaluru

    Sat, May 04 2019

    A few illiterate political leaders said "In five years India is going to be Five Trillion Dollar economy".

    Some like the Gowdas in this report want to realize the 5-trillion dream now! Why wait for five years?

    India is progressing.

    DisAgree [4] Agree [24] Reply Report Abuse


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Title: Bengaluru: Driver opts high speed lane to affluence - Makes counterfeit currency



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