India News | Fake Currency Seized in Ahmedabad, Two Arrested
Get latest articles and stories on India at LatestLY. The Ahmedabad police on Wednesday claimed to have busted a fake currency racket with the seizure of counterfeit notes with face value of Rs 2.09 lakh and arrest of two cousins.
Ahmedabad, Jul 29 (PTI) The Ahmedabad police on Wednesday claimed to have busted a fake currency racket with the seizure of counterfeit notes with face value of Rs 2.09 lakh and arrest of two cousins.
A total of 436 fake notes of Rs 200 and Rs 500 denominations were seized from the possession of Meet Prajapati and Uday Prajapati by the City Crime Branch on Tuesday, an official said.
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The duo allegedly printed notes at their house in Thaltej locality of the city, he said.
A printing machine, papers and a cartridge were also seized alongwith a few liquor bottles, he added.
The two cousins were arrested under IPC sections 489A (counterfeiting) and 489B (using as genuine, forged or counterfeit currency-notes) and further probe was underway, the official 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)