Crime branch police have nabbed three miscreants involved in duping victims in the name of doubling the money from Hotel Rajhans and recovered `72500 cash from their possession on Sunday.
The victim Santosh Malviya who was duped earlier by the accused was contacted by the accused to meet them but before meeting the accused informed the crime branch regarding the fraud.
Santosh was told to carry 10 notes of the denomination of `2000, when he reached the hotel he called the crime branch after which the room no 105 was raided and three persons were nabbed. The three accused were identified as Rafeeq Khan (36) Jehangirabad, Alam Hakeem (37) and Raees Ansari(34) of New Delhi.
Rafeeq works as a porter, Alam works with a garments factory and Raees works as a construction labour. The local agent was provided with a commission of 10-20 percent.
The mastermind of the racket, Alam said that they were involved in the cheating for the past two years and targetted innocent people by luring them of doubling their money.
Providing modus operandi the accused told that they are resident of Delhi and have duped several victims. For impressing the local agents they would travel by flight and would inform the local to meet them at airport. They would use expensive clothes and accessories which were duplicate and would stay at expensive hotels of the city.
Initially the victims were provided real note stating that they with fake in half the price and the victims were told to circulate and once the notes were circulated easily the victim would return for more money and later fake notes were given and they would escape with the money.