India News | Fake Currency Racket Busted in Rajasthan, 1 Held
Get latest articles and stories on India at LatestLY. On interrogation, the accused revealed a multi-member gang whose members hailed from Fatehpur, Sangaria.
Hanumangarh (Rajasthan) [India], October 17 (ANI): Rajasthan Police apprehended one person and seized a consignment of fake currency notes with a face value of over Rs 29 lakh from Hanumangarh in the State, police said on Tuesday.
"We received an input from the Bikaner police that in the Hanumangargh area some people had received a consignment of fake notes which they were planning to transfer to other districts. Superintendent of Police (SP) directed us to investigate and nab the accused," the police official said.
The official said that several teams were formed to capture the accused.
"We came to know from our sources that some individuals who had moved into the upper floor of a house in the business area near Dhan Mandi some time ago were acting in a suspicious manner," said CI Sheoran.
After the information was verified by police SP a raid was conducted on the house and one individual identified as Sukha Singh was apprehened with fake currency notes in denominations of 500, 100, 200, and 50 were recovered in huge quantity.
He further said that the total amount of the fake currency was calculated at a face value of Rs 19,17,200. Additionally Rs 4200 in real currency and two bikes were also seized from the apprehended person.
On interrogation, the accused revealed a multi-member gang whose members hailed from Fatehpur, Sangaria.
According to modus operandi, the gang members used to trap people on the pretext of offering to double their money and scam them with the counterfeit notes, CI Sheoran said.
Further investigation into the matter is underway, he said. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)