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8 held with fake notes worth `7 lakh in separate operations

The police have seized counterfeit Indian currency worth around Rs7.19 lakh in two separate operations on Tuesday.

mumbai Updated: Feb 08, 2012 01:51 IST
HT Correspondent
HT Correspondent
Hindustan Times

The police have seized counterfeit Indian currency worth around Rs 7.19 lakh in two separate operations on Tuesday.

In the first case, the VP Road police arrested two men - Muzammil Shaikh, 32, and Jahrul Shaikh, 20 - and seized fake notes worth Rs1.19 lakh in Rs1,000 denominations from them. Both are from Jharkhand, the police said.

The police said they had received a tip-off that two men would come to Bhoiwada Naka in Gulalwadi on Tuesday morning with the fake notes. "Officers in plain clothes found Muzammil and Jahurl suspicious. On checking, the officers found the fake notes," said Anil Kumbhare, deputy commissioner of police, zone 2.

In the second incident, the crime branch arrested a gang of six, including a woman, and recovered fake notes worth Rs6 lakh.

Himanshu Roy, joint commissioner of police, crime, said they had received information about delivery of fake Rs500 and Rs1,000 denomination notes by a group of Bangladeshis. A trap was laid near the BEST bust depot at Nandi Gali in Bandra (East), where the exchange was to take place.

Three accused - Mohammad Mittu Donas Sheikh, 24, Zia-Ul-Haq Idris Sheikh, 32, and Mohammad Luthupur Sheikh, 28 - were arrested and Rs3 lakh worth counterfeit currencies were seized from them.

The officers then carried out a raid at Antop Hill and three others were caught, along with Rs3 lakh fake notes.

First Published: Feb 08, 2012 01:50 IST