Coimbatore police bust fake currency racket, arrest history-sheeter

COIMBATORE: The town police arrested a 31-year-old Velandipalayam resident and seized fake foreign money notes of Rs 2,000 denomination with a face worth of Rs 1.18 crore from him on Friday night. They have additionally seized a colour photocopying system and a computer.
Police known him as B Ananth of Maruthakonar Street at Velandipalayam, who was interested in a number of two-wheeler robbery circumstances. “On Friday night, a police staff undertaking car exams on Thadagam Road had confronted Anath. They found four Rs 2,000 foreign money notes in his shirt pocket, which became out to be fake,” a police officer mentioned.

Ananth informed police that he had made the fake notes the use of a photocopying system with the assistance of his buddies Sundar and Yusuf, who hailed from Karamadai. “They are the masterminds of the racket. Preliminary investigations printed that Ananth was operating as a set agent for a private financier. Sundar took a room on rent at Velandipalayam one-and-a-half-month ago and from there they have been making fake Rs 2,000 foreign money notes the use of a colour photocopying system. They have been taking photocopies of authentic Rs 2,000 foreign money notes to distribute them with other serial numbers,” the officer informed TOI.


Ananth took police to the room, from the place they seized 5,904 Rs 2,000 fake foreign money, a printer, color ink bottles, a photocopying system, a hard disk, a computer, a cell phone, a motorbike and bundles of white papers.


“Sundar is an expert desiger. He scanned Rs 2,000 notes and was the use of quite a lot of color inks to make the fake notes seem like the original. The trio was planning to flow into the notes they made in and around Coimbatore,” a senior police officer mentioned.


Police have formed a different staff to nab Sundar and Yusuf. Saibaba Colony police have registered a case in opposition to the trio under sections 489 (A), (B), (C), (D) of the Indian Penal Code. Further investigation is on.


Coimbatore police bust fake currency racket, arrest history-sheeter Coimbatore police bust fake currency racket, arrest history-sheeter Reviewed by Kailash on June 03, 2018 Rating: 5
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