Nation Crime 09 Mar 2016 Two arrested with fa ...

Two arrested with fake currency notes in Telangana

PTI
Published Mar 9, 2016, 3:59 pm IST
Updated Mar 9, 2016, 3:59 pm IST
Police found that the currency notes in the denomination of Rs 500 and Rs 1,000 were fake.
Two persons riding the motorbike, identified as, M Prakash and M Ravinder, were arrested after questioning. (Photo: Representational Image)
 Two persons riding the motorbike, identified as, M Prakash and M Ravinder, were arrested after questioning. (Photo: Representational Image)

Hyderabad: Two persons were today arrested in neighbouring Ranga Reddy district of Telangana and fake currency notes with face value of Rs 2.65 lakh was seized from them.

Acting on a tip-off, that an international racket is trying to circulate counterfeit notes in Ranga Reddy district, a police team stopped a motorbike yesterday at Burugupally Cross Road and recovered two bags containing currency notes, Superintendent of Police Rema Rajeshwari R said.

 

On checking, it was found that the currency notes in the denomination of Rs 500 and Rs 1,000 were fake. The two persons riding the motorbike, identified as, M Prakash and M Ravinder, were arrested after questioning, the SP said.

During interrogation, the duo who are residents of Ranga Reddy district, confessed that they met a person at Malda Railway Station in West Bengal last week, who allegedly belonged to a cross-border Fake Indian Currency Note (FICN) racket, Rajeshwari said.

They received the fake currency notes after giving Rs 90,000 in original currency notes, the SP said adding a case has been registered against the duo under relevant sections of IPC and investigation is on.

 

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Location: India, Telangana, Hyderabad




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