Telangana Police busted a fake currency racket in Kamareddy district on Dec 13, seizing Rs 30 lakh in counterfeit currency and arresting three suspects. The racket operated across multiple states, including Telangana, Karnataka, Rajasthan, Uttarakhand, and Maharashtra. Key financiers Rajagopal and Hussain Peer, along with others, managed printing and distribution of fake notes across regions.