Hyderabad: Bowenpally Police apprehended the prime suspects in a cheating case and uncovered a major hawala racket involving illegal cash movement. The operation led to the recovery of Rs 4.05 crore, which the accused were transporting without authorisation. The action followed the investigation into Cr. No. 665/2024, registered under Sections 316(2) and 318(4) of the BNS.
Bowenpally Police intensify probe into hawala racket
Police identified the accused as Prakash Motibhai Prajapathi, 30, and Pragnesh Keerthibai Prajapathi, 28, both from Gujarat. They secured the cash under a panchanama and began verifying its source, ownership, and possible links to illegal financial networks.
The case dates back to December 2024, when a complainant said he lost Rs 50 lakh in a cash–RTGS exchange deal involving Mohammad Subhan Pasha. He was promised Rs 60 lakh through RTGS, but he received neither the payment nor his original money.
Acting on credible information, police intercepted the main accused on 04.12.2025 within Addakal Police Station limits in Mahabubnagar. They were travelling in a Hyundai Creta bearing registration MH 49 CL 2496. During interrogation, Prakash Prajapathi admitted that he cheated the complainant and confessed that he transported the hawala cash from Nagpur to Bengaluru.
Police also issued a public advisory, cautioning citizens to avoid easy-money schemes that may cause financial loss or legal trouble. The investigation team included officers from Bowenpally Police Station, the Cyber Cell, Karkhana Police Station, and the North Zone DCP Office.
