Muzaffarnagar, Jun 30 (PTI) Uttar Pradesh Police has busted a gang involved in the supply of fake currency notes in this district and seized counterfeit notes worth Rs 15.16 lakh from a vehicle, officials on Monday said.

Senior Superintendent of Police (SSP) Sanjay Kumar said that fake currency notes in the denominations of Rs 500, Rs 200 and Rs 100 were recovered during the operation in Phugana Police Station area of Muzaffarnagar district.

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A case has been registered under relevant sections of the Bharatiya Nyaya Sanhita (BNS) against three accused, identified as Gaurav, Abhey and Ankit, he added.

Kumar said that two of the accused, Gaurav and Abhey, have been arrested, while the third, Ankit, is absconding.

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"Efforts are underway to trace and arrest him. The vehicle used for transporting the counterfeit notes has also been seized," he added.

The arrested accused revealed during interrogation that they had been printing and distributing fake currency in Delhi and various locations across Uttar Pradesh, police said.

Acting on a tip-off, police intercepted the vehicle carrying the fake notes, leading to the arrests.

Further legal proceedings in the case are underway, they said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)