The Central Bureau of Investigation has registered three separate cases U/s 120-B r/w 406, 409, 420, 477-A of IPC and Sec.13(2) r/w 13(1)(d) of PC Act on the allegations that the certain public servants in criminal conspiracy with private persons had fraudulently exchanged new currency notes of Rs.2000/- denomination in lieu of old demonetized currency notes of Rs.500/- and Rs.1000/- denomination to the tune of Rs.2.95 crores (approx.) meant for disbursement to the general public at various post offices.
The first case was registered against Senior Superintendent of Post Office, Hyderabad City Division, Hyderabad; an SPM, Himayath Nagar, SPO & an Office Assistant & unknown others; second case was registered against Senior Superintendent of Post Office, Hyderabad City Division, Hyderabad; an SPM, Golkonda SPO; Cash Overseer, GPO and two Office Assistants & unknown others and third case was registered against Senior Superintendent of Post Office, Hyderabad City Division, Hyderabad; Sub Post Master, SPO, Hyderabad; Cash Overseer, GPO & unknown others.
Searches were conducted at 11 places in the residential & office premises of accused persons at Hyderabad which led to recovery of Incriminating documents, laptops, mobile phones & cash to the tune of Rs.17.02 lakh (approx.) in new currency notes of Rs.2000/- denomination.
CBI has arrested four accused persons including two Office Assistants working in the office of SSPO, Hyderabad City Division. The arrested accused were produced before the Designated Court and remanded to Judicial Custody.
Further investigation is continuing.