Fake Currency Notes Worth Rs 40 Lakhs seized in Odisha

Update: 2023-09-04 03:51 GMT
The Tera Software firm allegedly utilised the services of M/s Fastlane for misappropriation of funds released by the state Fibernet Ltd (APSFL). Representational Image/DC

Bhubaneshwar: The Special Task Force (STF) on Sunday seized fake currency notes having face value of Rs 41.16 lakh in Odisha’s Sonepur district and arrested a person in this connection.

The counterfeit currency notes are in denomination of Rs 500. The accused was identified as Deepak Meher.

Acting on a tip-off regarding an organized racket involved in printing/ circulating fake currency notes, the STF on Friday raided a place near Ulunda in the district.

A case under Sections 489-A, 489-B, 489-C and 120(B) of the Indian Penal Code (IPC) was registered after the seizure.

The seized fake currency notes will be sent to Bharatiya Reserve Bank Note Mudrana Pvt. Ltd., Mudrana Nagar, Salaboni, Pachima Medinapore, West Bengal for examination and opinion.

The police suspected that the counterfeit currency notes were brought from Chhattisgarh and more persons were involved in the racket.

As the STF said it had got vital clues and efforts were being made to identify and apprehend other accused.

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