Fake notes totaling Rs 11 lakh seized | punjab | Hindustan Times
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Fake notes totaling Rs 11 lakh seized

punjab Updated: Dec 11, 2013 18:03 IST
HT correspondent
HT correspondent
Hindustan Times

Police here on Wednesday claimed to have busted a counterfeit currency racket and seized fake currency totalling Rs 11 lakh from two persons in Moti Nagar.

The police raided a house in Moti Nagar on a tip-off and also seized a computer, two scanners, two printers and other equipment that were being used to print the fake currency notes.

Major Singh, a resident of Ghandiana village in Payal, and Mohinderpal Singh, a resident of Shivala Road, had alleged been operating the racket for the past six months.

Additional deputy commissioner of police (ADCP) Swapan Sharma said Moti Nagar police said that after printing the fake currency notes, the accused used them in small shops and targeted daily-wagers in Focal Point, Jamalpur and Moti Nagar.

To avoid detection, the accused used to visit tea stalls, vegetable markets and other small shops. The notes they used to print were in the domination of Rs 500 and Rs 1,000.

Swapan Sharma said the accused also used to use original notes with the fake currency. The police suspect the involvement of more persons and are going to continue with investigation into the case, though the accused have admitted that they had printed currency worth lakhs so far.