This Article is From Aug 02, 2014

Hyderabad: Police Constable Killed in Face-Off With Fake Currency Gang

Hyderabad: A constable was killed and a sub-inspector injured after members of a fake currency circulation gang allegedly attacked them with sharp weapons even as one of the gang members died after police fired in retaliation in Shameerpet mandal of neighbouring Ranga Reddy district.

The incident occurred last night when a eight-member police team of Balanagar police station comprising sub-inspector Venkat Reddy and others reached Majidpur crossroads area based on information about a gang indulging in circulation of fake currency notes, Telangana Home Minister Nayani Narasimha Reddy said today after visting the scene.

As the police team attempted to catch the gang members passing in a vehicle, however, they suddenly came under attack with swords and knives, and in the process one constable Eshwar Rao and SI Venkat Reddy sustained serious injuries, the Minister said.

The constable succumbed to his injuries on way to being shifted to hospital while the SI, who suffered stab injuries in the incident has been rushed to a private hospital in Secunderabad.

Following the attack, the police team fired in self-defence on the gang members in which a gang member 'Mustafa' died even as others managed to flee, Mr Reddy said.

The Minister further said that the government will extend all financial assistance to the family members of the deceased constable and one of the family members will also be provided government employment.

"Stern action will be initiated against the accused involved in the attack on policemen," he said.

Eshwar Rao hails from Srikakulam district of Andhra Pradesh.

Cyberabad Police Commissioner CV Anand, who too visited the spot, told reporters "as per information available with us, one Yellam Goud of Siddipet town in Medak district, was heading the gang which indulged in fake currency circulation."

Goud, who was involved in robbery and dacoity offences had come out of jail around two months ago and formed this gang, the Cybderabad Police chief said.

Four special teams have been formed to nab the absconding gang members, police said.

Meanwhile, Cybderabad police commissioner CV Anand said the police team was 'a decoy' party targeting the gang.

"The team was trying to catch them red-handed (while exchanging fake currency) when the gang members attacked them with swords and knives. Constable Eshwar Rao was attacked with a knife near the chest and died on the way to hospital. SI Venkat Reddy, despite suffering stab injuries, managed to retaliate," the CP said.

Two members of the gang, Raghu and Nandu, have been taken into custody and massive manhunt has been launched to nab others, Anand said. Police have also seized some fake currency from the spot.

.