Mumbai Police bust phony forex racket accused designed counterfeit notes at residence

Mumbai Police criminal offense department has busted a gang who designed faux Indian forex and provided it in community marketplaces and among pupils.

“If a particular person gave Rs 100, then the gang would give back Rs 200. This was the exchange level for the faux notes,” claimed police.

The cops have arrested Mahendra Khandaskar (50), Abdulla Khan (24), Farookh Choudhury (33) and Amin Shaikh (41). Law enforcement officers claimed that Mahendra is the key accused in the scenario. The bogus currency was printed at his household.

Performing on a idea-off, the crime branch officers laid a entice to nab the accused. The cops nabbed two individuals and recovered 80,000 bogus notes from them. The title of principal accused Mahendra was revealed soon after detailed questioning.

The cops registered an FIR and instantly raided the house of Mahendra. Officers were shocked to see how pretend notes were getting printed at his household. The cops seized faux forex truly worth over Rs 32 lakh. The cops located distinct denomination notes these kinds of as 100, 200, 500 and 2000.

A lot more accused are most likely to get arrested in the similar. The cops have seized inks, scanners, printers, and so on from the accused’s home.

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