Photo Credit: Pixabay
Photo Credit: Pixabay

With the arrest of six persons, crime branch has claimed to have busted a gang involved in printing counterfeit currency notes in the city on Tuesday.  The prime accused of the gang hails from Bhopal and he was printing the notes in the shadow of a plastic item shop for a year. The counterfeit currency notes with face value of Rs 93000 were recovered by the police and further investigation is underway.

FOLLOWING TIP-OFF
A tip-off was received that a person is indulged in printing counterfeit currency notes in the shadow of plastic item shop in Anand Bazaar area of the city. He was circulating the notes in the market with the help of his aides. A joint team of team of crime branch and Palasia police station raided the shop named RK plastics and detained six persons.

The accused have been identified as Jitendra alias Lucky Pardasani, Murli Agrawal and Bharat alias Golu Sadhwani, the residents of Bairagarh, Bhopal, Rajesh alias Raja Gandhwani of Anand Nagar (RK Plastics), Abhishek Bhandari of Patidar Mohalla in Khajrana and Vijay Raikwar of Khajrani Kankad in Shrinagar area of the city.

Senior Superintendent of Police Ruchi Vardhan Mishra said that the police team recovered 78 counterfeit currency notes (44 counterfeit notes of Rs 2000, three notes of Rs 500, five notes of Rs 200, 24 notes of Rs 100 and two notes of Rs 50) with face value of Rs 93000 from the accused. A printer being used to print notes was also recovered from the spot. The accused have been booked under relevant sections of IPC.

MODUS OPERANDI
During interrogation, it was found that Jitendra hails from Bhopal and he is the kingpin of the gang. He used to make fake currency notes after scanning original currency notes using a printer. He used to make currency notes at his residence in Bairagarh, Bhopal too. Then, he used to circulate the notes in Indore with the help of accused Rajesh.

After succeeding in circulating the fake notes in the city, he started printing counterfeit currency notes in the city with the help of Rajesh at his shop. His accomplices, Rajesh and others used to circulate the notes in the city while his aides Murli and Bharat used to circulate the same in Bhopal.

The accused used to print fake notes on high quality paper so that they managed to circulate the fake currency notes in the market easily. Accused Jitendra told the police that he could not repay his home loan due to which he was declared bankrupt. Since then, he was facing financial difficulties and he started printing fake currency notes.

Accused Rajesh used to circulate the notes to the busiest shopkeepers and petrol pumps in the city. Additional Superintendent of Police (crime) Amarendra Singh said the accused have confessed to have circulate the counterfeit currency notes with face value of more than Rs 7 lakhs in the city. However, the investigation is underway.

(For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Free Press Journal

www.freepressjournal.in