Five held for printing and circulating fake Indian Currency Notes
A racket of printing and circulating Fake Indian Currency Notes (FICN) was busted by police here on Thursday who took into custody five members of a gang in this connection.
The racket is believed to have been operating for the past two months from Siddipet town of Telangana. Police seized counterfeit currency notes with a face value of Rs 16 lakh from the possession of the five gang members.
They were nabbed near Yousufguda check post where they came with the fake notes to sell them to needy customers, Hyderabad Police Commissioner Anjani Kumar said.
The gang was printing and circulating counterfeit currency notes of Rs 500 and Rs 200 denomination, police said, adding they also seized one printer-cum-scanner and a laptop.
Related Posts
Revenue officials seize 45,000 cigarettes at Dublin Airport
Revenue officers have seized 45,000 cigarettes at Dublin Airport. The seizure...
Rs 5L worth foreign cigarettes seized
Excise sleuths on Thursday seized foreign cigarettes and banned tobacco products...
China Cracks Counterfeiting Ring That Sold $15M of Goods.
Chinese police have arrested 32 members of a group they said had made and sold up...
Chennai: Gold worth Rs 1.54 crore seized from juicer, cooker, emergency light.
The Air Intelligence Unit of the Customs seized nearly 4kg of gold, valued at Rs...