The Pune police busted a major Fake Indian Currency Note (FICN) racket following a probe that began on April 17 after 55 counterfeit notes of ₹200 denomination were deposited in the cash deposit machine of a local bank, an official said on Monday.
FICN with face value of ₹28 lakh have been confiscated so far and five persons arrested, the official added. Following the report, the police filed a case under sections 178, 179, and 180 of the Bhartiya Nyaya Sanhita (BNS).
The accused have been identified as Manisha Swapnil Thanekar, resident of Nagpur Chawl, Yerawada; Bharti Tanaji Gawand, from Keshavnagar, Chinchwad; Sachin Ramchandra Yamgar, from Gahunje; Naresh Bhimappa Shetty (from Lohgaon), and Prabhu Gugal Jeddy.