V. Sai Kumar Reddy (22), a student of Sri Indu Engineering College, Ibrahimpatnam and his friend, P. Sai (24) planned to get demonetized currency exchanged. A person by name Praveen received the canceled notes and promised commission. They sought the help of their friend Prasad, a resident of Narasaraopet. Prasad informed about this plan to his other friends, Naginder and Ram Babu. All these five persons reached Sanjiviah Park to get the demonetized currency exchanged. Police arrested them and seized the currency.