Mumbai police seized INR 5 lakh worth counterfeit notes
The police have registered a case under section of 489 (A), 489 (B), 120 (B) and 34 Anti-Money of IPC
Post-one year of demonetisation, counterfeit notes are making rounds in the market. Many gangs are still actively distributing counterfeit notes in Mumbai. One such gang, which belongs to West Bengal, was exposed by Mumbai police who used to supply counterfeit notes from West Bengal to Mumbai.
In the name of construction and fishing business, this gang used to supply fake notes in Mumbai. In connection to this, the police have arrested Suleman Razzaq Sheikh alias Sonu (46) and Sana Ul Jhulu Nisar Ali Shaikh alias Dabbu (22) and has also seized fake notes of 2000 denomination worth INR 5 lakh.
Most of the recovered notes are worth INR 2000. The police have registered a case under section 489 (A), 489 (B), 120 (B) and 34 Anti-Money of IPC. The court has sent the accused to police custody till November 15.
Police lays the trap
Police received information that some people were coming to the Princess Garden bus stop on Sunday with fake notes. According to the plan, police laid the trap. Around 5:00 pm, they saw both the accused roaming suspiciously near the bus stop. Police then arrested them and seized 240 fake notes of 2000 denomination worth INR 4.80 lakh.