Coimbatore: Man Held for Offering INR 2 Lakh in Counterfeit Notes for INR 50,000 Cash As Police Bust INR 2 Crore Fake Currency Racket in Tamil Nadu (Watch Video)
Coimbatore police busted an INR 2 crore fake currency racket and arrested Ilavarasan from Dharmapuri for his role in the scam. He reportedly lured victims by offering INR 2 lakh in counterfeit notes in exchange for INR 50,000 genuine cash. A video shared by the news agency IANS shows authorities seizing a large stash of counterfeit currency along with printers and mobile phones used to produce the fake notes.
Coimbatore police busted an INR 2 crore fake currency racket and arrested Ilavarasan from Dharmapuri for his role in the scam. He reportedly lured victims by offering INR 2 lakh in counterfeit notes in exchange for INR 50,000 genuine cash. The fake notes were printed single-sided to avoid easy detection. A video shared by the news agency IANS shows authorities seizing a large stash of counterfeit currency along with printers and mobile phones used to produce the fake notes. Four of Ilavarasan’s accomplices remain at large as the investigation continues. Coimbatore Shocker: Odisha Man Bitten by Rabid Dog Slits Own Throat While Undergoing Treatment at Tamil Nadu Hospital, Dies; Video Surfaces.
Counterfeit Currency Worth INR 2 Crore Seized in Tamil Nadu
Coimbatore, Tamil Nadu: Police seized fake currency worth ₹2 crore and arrested Ilavarasan from Dharmapuri. He lured victims by offering ₹2 lakh in counterfeit notes for ₹50,000 genuine currency. The scam used single-sided printed notes. Police also recovered printers and… pic.twitter.com/DpuqF2pvL0
— IANS (@ians_india) June 9, 2025
(The above story first appeared on LatestLY on Jun 09, 2025 09:44 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
