Crime Branch recovers Rs 1 crore, licensed pistol from 2 fraudsters
STATE TIMES NEWS
JAMMU: In a major achievement, Crime Branch wing of Jammu and Kashmir Police on Tuesday recovered Rs 1 crore from an organised gang of fraudsters involved in cheating people by selling a heavenly object (Rice Puller/Copper Irridium/ Trathgola) purportedly used for Space Research but was in reality a hoax.
Two fraudsters Venkata Krishna Modegula, resident of Padmarao Nagar, Secunderabad and Sandeep Singh Rana resident of Paryot, Doda involved in the infamous Trathgola (Rice Puller/Heavenly Object) case, have been arrested by Crime Branch, Jammu from Secundrabad, Telangana and Jammu respectively.
Making startling revelations, Crime Branch IGP Munir Ahmed Khan said that on a complaint lodged by one Raj Kumar Gupta, resident of Gandhi Nagar, Jammu, who had alleged that he was duped by a gang of inter-state fraudsters on the pretext of selling a precious item (Trathgola/copper Irridium) for a whooping amount of Rs 8 Crores, SSP Mubassir Latifi constituted a special team to investigate this case in which an organized gang of criminals duped the complainant. They have also been involved in similar cases and looted number of people.
The team, headed by Inspector Parvez Sajjad, laid a trap and succeeded in apprehending main kingpin of the gang, namely Venkata Krishna Modegula from Secundrabad, Andhra Pradesh, who had advanced the allurements to the complainant on the pretext of being a qualified scientist having affiliation with NASA and DRDO.
Venkata Krishna Modegula had also issued ertifications in favour of the so-called precious metal and in turn took a huge amount of Rs 3 Crores from Raj Kumar. An amount of Rs 1.5 lakhs and one licensed pistol (purchased from the looted amount) was also recovered from another accused Sandeep Rana, resident of Paryot Doda who is also an active and important member of this gang.
After his arrest the accused Venkata Krishna Madegulla moved a bail application before the court of Chief Judicial Magistrate, Jammu but the same was rejected with the observations that the accused was part of the wide network spread all over the country to allure and cheat the innocent persons and in case concession of bail is extended there is every likelihood that the offences may be repeated and more innocent persons may be allured and cheated.
After having exhausted all available remedies the accused finally broke and surrendered an amount of Rs one crore before the Crime Branch, Jammu. Investigation of the case is still under progress and more arrests and recovery of the remaining amount is expected in the coming days.