Eight held in Mulugu with Rs 1.65 crore in fake currency in Telangana
After thoroughly checking the two vehicles, police found that the eight accused were carrying demonetised and fake notes and took them into custody.
MULUGU: Venkatapuram police on Thursday arrested eight members of a gang that was peddling counterfeit currency and seized demonetised and fake notes with a face value of Rs 1.65 crore. Police also seized nine mobile phones and two cars from the culprits.
Speaking to the media, Mulugu SP Sangram Singh G Patil said that based on a tip-off that fake and demonetised currency is being transported for circulation, Venkatpuram police were conducting vehicle checks along with CRPF personnel, when two cars stopped at some distance and started turning back.
Related Posts
Two men arrested by HMRC as part of investigation into suspected multi-million pound tobacco smuggling fraud
A MAN from Dagenham was arrested by HMRC last week as part of an investigation...
UPDATE 1-Former wine collector gets 10 years in prison for counterfeiting
An Indonesian man, once considered one of the world's top wine collectors but who...
Greece Ranks 2nd in Counterfeit and Contraband Consumption in EU
Greece continues to have the 2nd highest rate of C&C (Counterfeit and...
JEDEC tackles counterfeiters with new standard
International standards body JEDEC has published JESD243, which addresses...