Key member of fake currency racket arrested - News Summed Up

Key member of fake currency racket arrested


An alleged key member of an international fake currency racket has been arrested, the police said on Tuesday. DCP (Special Cell) Sanjeev Kumar Yadav said Santosh Kumar Singh from Bihar was nabbed from Kashmere Gate on June 6. “Fake Indian currency with a face value of ₹5 lakh in denominations of ₹2,000 notes was seized from the 32-year-old’s possession,” Mr. Yadav said. During interrogation, it was revealed that fake currency was being pumped into India through Bangladesh and Nepal and later circulated across the country through West Bengal. Santosh was pumping fake currency for the past one year and used to pay Nawal ₹40 per ₹100 fake note.


Source: The Hindu June 11, 2019 19:54 UTC



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