Hyderabad Police Arrest Two Foreign Nationals in Fake Chemical Money Scam

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Hyderabad police dismantled a counterfeit currency and fraudulent chemical scheme, apprehending two individuals who defrauded a local entrepreneur of 20 million rupees.

Operation Details

Hyderabad police dismantled a scheme involving counterfeit currency and fraudulent chemical processes, apprehending two individuals from abroad who allegedly defrauded a local entrepreneur of 20 million rupees. The operation led to the seizure of 10 million rupees in cash, forged Indian and U.S. currency notes, chemical substances, black paper, and other materials linked to the deception.

Key Details of the Operation

The arrested suspects are identified as Toure EL Hadji Mahamane, also known as Fokou Tamen Romuald or Rolin (49), and Tchouanyou Adolphe, also referred to as Auram (62). The first suspect, originally from Segou, Mali, held a Cameroonian passport and was based in Attapur, Hyderabad. The second suspect, a Cameroonian national, resided in Vasant Kunj, New Delhi, and was engaged in online business activities.

The Fraud Scheme

According to law enforcement, the victim was deceived after being shown a demonstration that allegedly promised to multiply his funds through a chemical-based method. He subsequently transferred 20 million rupees to the suspects, who instructed him to place the money in a box and await their return to apply a “special chemical.” When the accused failed to return, the victim opened the container and discovered the cash had been substituted with white paper and colored photocopies. He then reported the incident to authorities.

Investigation and Recovery

Investigators collected forensic and technical evidence, followed multiple leads, and detained the suspects during routine patrols. During interrogations, the accused reportedly admitted to the crime. Police recovered 10 million rupees from the stolen amount, along with items including counterfeit 500-rupee notes, fake U.S. dollar bills, chemical powders, liquid solutions in bottles, and bundles of black paper.

Criminal Network Suspicions

The investigation revealed that the suspects targeted potential victims through repeated calls from international mobile numbers. After building trust through prolonged communication, they arranged in-person meetings to conduct staged demonstrations before executing the fraud. Authorities suspect the operation may be part of a broader interstate or international criminal network and are pursuing related leads.

Important Quote

According to law enforcement, the victim was deceived after being shown a demonstration that allegedly promised to multiply his funds through a chemical-based method.

Prior Criminal Records

Records indicate the first suspect has a prior criminal record, including charges related to fraud, passport violations, and offenses under the Foreigners Act in 2025.