Foreign Nationals Busted for Fake Currency Scam in Hyderabad
Two foreign nationals, Toure EL Hadji Mahamane and Tchouanyou Adolphe, have been arrested by Miyapur Police in Hyderabad for allegedly cheating a businessman out of ₹20 lakh. The duo claimed to be able to double the money using a chemical-based currency multiplication scheme.
The victim, Krishna Kanth Vadlani, was convinced by the demonstration and handed over ₹20 lakh. However, when he later opened the box containing the cash, he found only white sheets and coloured photocopy paper instead of genuine currency notes.
The police recovered ₹10 lakh in cash, fake Indian and US currency notes, chemicals, and other materials allegedly used in the fraud. The accused had earlier been booked in a similar case in 2025 and were also involved in a cheating case registered in Gujarat in 2022.