Fake currency racket busted, 3 held with counterfeit Rs 2000 notes

NEW DELHI: Three people have been captured for supposedly running a fake cash racket and Rs 18 lakh as fake Rs 2000 notes was recouped from their ownership.

Blamed Azad Singh (36), Manoj (37) and Sunil (27) were captured by a group of Special Cell at around 11.25 PM from Singhola town in Narela close NH-1, said DCP Sanjeev Kumar Yadav.

The trio have been discovered required in examining, printing and coursing fake new cash, police said on Saturday.

Azad, the boss of the racket used to get the money notes examined and printed, while Manoj and Sunil used to flow them to clients, said the officer.

“Manoj is known to a Delhi-based hawala merchant. Azad and Manoj have contact with different ‘bookies’. Colossal money exchanges are being done in both these illicit exchanges and a sizeable measure of fake money notes can undoubtedly be balanced in enormous money exchanges,” Yadav said.

Manoj and Azad were in contact with them and used to charge Rs 40,000 in genuine cash for providing a lakh in fake money, he said.

In the wake of demonetisation, the denounced accepted it as an open door to trick individuals by attempting to flow fake high-esteem new money notes, exploiting the unpracticed overall population, said Yadav.

The Special Cell is attempting to get data about individuals required in such rackets and specialized reconnaissance has been mounted on the premise of leads obtained by mystery sources, he said.

Source:- Timesofindia

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