₹45 lakh for old ₹1 note: Hyderabad cyber fraud probe uncovers ₹70 crore mule account network

A drug supplier from Goa, known as Custodio Fernandes alias Kristy, has been captured in an operation conducted by the Telangana EAGLE Force and Hyderabad police. The accused, who had been eluding arrest in a narcotics case from Hyderabad, was apprehended after extensive surveillance and intelligence gathering. The operation revealed financial transactions worth ₹48.4 lakh and the involvement of over 25 individuals from Telangana in suspected drug purchases through online payments and cash deposits.

The investigation began with the apprehension of R. Keshav Raj Singh in May after he attempted to sell drugs from Goa to three persons in Secunderabad. Singh had procured the drugs from two suppliers, including Fernandes, and planned to sell them for a profit. During questioning, Singh revealed his connections to Fernandes in Goa.

Further examination of bank accounts linked to Fernandes uncovered significant financial transactions, and police are now investigating the origins of these funds and their connection to drug trade. It is suspected that Fernandes' associates traveled to Hyderabad to deliver drugs directly to customers, collect cash payments, and deposit the money into accounts associated with Fernandes.

The investigation also identified more than 25 individuals from Telangana whose transactions are being examined to determine if they were linked to narcotics purchases.