The CBI arrested several post office officials and seized around 17.02 lakhs in the new 2,000 denomination.
The city branch of the CBI has registered cases against several post office officials, post-demonetization, on the allegation that the accused public servants in criminal conspiracy with private persons, fraudulently exchanged new currency notes of the 2,000 denominations in lieu of old demonetized currency notes of 500 and 1,000 denominations, to the tune of Rs. 2.95 crores meant for disbursement to the general public at various post offices.
A case was registered on November 24, against K Sudheer Babu, Senior Superintendent of Post Office, Hyderabad City Division, G Revathi, SPM, Himayath Nagar, G Ravi Teja, Office Assistant, O/o SSPO and others.
The sleuths also registered a case on December 3, against Babu, M Govinda Rao, SPM, Golkonda SPO, Syed Etheshamuddin, cash overseer, GPO, Teja, O/o SSPO and others.
On December 6, the CBI officials registered a case P Sampath Kumar, SPM, Karwan Sahu SPO, Syed Etheshamuddin, cash overseer, GPO and others.
Searches have been conducted at 11 places i.e., residential/office premises of accused persons at Hyderabad, and incriminating documents, laptops, mobile phones and cash worth Rs. 17.02 lakhs in new currency notes of the 2,000 denomination were seized.
Four persons Shaik Abdul Ghani, G Ravi Teja, K Suresh Kumar and G Srinivas have been arrested and sent to judicial custody.