The Chikkajala police have arrested a 24-year-old man who attempted to dispose of counterfeit Indian currency notes near a hotel in Sadahalli Gate on February 24.
Police recovered counterfeit notes worth Rs 1.4 lakh from Ravi Singh, a Byatarayanapura resident hailing from Rajasthan and working with a mobile repair shop. Singh had them in Rs 500 and Rs 100 denominations.
A police team headed by sub-inspector Praveen Kumar K M rushed to the spot and detained Singh after an informant tipped off police about the accused attempting to dispose of the notes. He had around 900 notes of Rs 100 denomination and 100 Rs 500 notes. Having found the same serial number on all the notes, police confirmed that they were fake.
Police suspect that a big racket is circulating the notes and are working to capture all those involved.
(Published 27 February 2021, 20:54 IST)
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