Mumbai, October 13: The National Investigation Agency (NIA) on Friday seized fake currency of face value Rs 96,000 from two persons in Mumbai. According to a tweet by ANI, a case has been registered under section 34, 489D & 489C of the Indian Penal Code (IPC). On Friday, the Thane Police busted a fake currency racket where notes of over Rs 4 lakh were recovered from a vehicle near Bhiwandi in Thane district of Maharashtra.
Police informed that total of 203 fake notes of Rs 2,000 denomination were recovered from the car and five persons were arrested in connection with the scam. The police busted the fake currency racket based on a tip-off. “Acting on a tip-off that some people carrying fake notes were coming to a pan shop at Wadpe, the police patrol team laid a trap and arrested the accused when they were buying cigarettes using fake notes,” a police officer was quoted by PTI. Fake Currency Racket: Malayalam TV Actress Surya Sasikumar, Her Sister & Mother Arrested in Kochi.
Maharashtra: National Investigation Agency (NIA) seized fake currency of face value Rs 96,000 from two persons in Mumbai yesterday. Case registered under section 34, 489D & 489C of Indian Panel Code. pic.twitter.com/oyCZHFFLab
— ANI (@ANI) October 13, 2018
Police informed that the five accused were booked under IPC sections 489 (B) (using as genuine, forged or counterfeit currency-notes or bank-notes), 489 (C) (possession of forged or counterfeit currency-notes or bank-notes) and 34 (common intention).
Earlier this month, the Yavatmal Police Monday seized fake currencies in new denominations having a face value of over Rs 6.77 lakh from a car and arrested a 27-year-old man. Reports by PTI informed that apart from counterfeit currencies in denominations of Rs 200 and Rs 2000, the crime branch officials also seized a car, a printer and other material- collectively worth Rs 8,42,720.