July 16, 2024


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Mumbai Police bust faux currency racket accused manufactured counterfeit notes at household

a group of people posing for the camera

Mumbai Police crime branch has busted a gang who designed bogus Indian currency and equipped it in local markets and amongst college students.

“If a particular person gave Rs 100, then the gang would give back Rs 200. This was the exchange fee for the faux notes,” mentioned law enforcement.

The cops have arrested Mahendra Khandaskar (50), Abdulla Khan (24), Farookh Choudhury (33) and Amin Shaikh (41). Law enforcement officers reported that Mahendra is the principal accused in the situation. The bogus forex was printed at his house.

Performing on a tip-off, the criminal offense department officials laid a lure to nab the accused. The cops nabbed two folks and recovered 80,000 pretend notes from them. The identify of primary accused Mahendra was exposed just after thorough questioning.

The cops registered an FIR and promptly raided the household of Mahendra. Officials were shocked to see how phony notes have been currently being printed at his residence. The cops seized faux forex really worth above Rs 32 lakh. The cops identified distinctive denomination notes these as 100, 200, 500 and 2000.

Far more accused are probably to get arrested in the same. The cops have seized inks, scanners, printers, and so on from the accused’s household.

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