Fake currency racket busted in JKs Rajouri, One arrested

Image
Press Trust of India Jammu
Last Updated : Mar 05 2018 | 10:15 PM IST

Don't want to miss the best from Business Standard?

The Jammu and Kashmir police today claimed to have busted a fake-currency racket in Rajouri district and arrested one person , along with counterfeit notes with a face value of Rs 14,500.
Three more persons involved in the alleged racket -- termed a "major success" -- were identified and efforts are on to nab them, said Yougal Manhas, senior superintendent of police (SSP), Rajouri.
Acting on a tip-off, a trap was laid, during which one of the suspected persons was arrested at Khablan village on Rajouri-Thanamandi road and 29 fake-currency notes of Rs 500 denomination were seized, Manhas said.
The accused have been identified as Sagheer Ahmad Chowdhary, a resident of Rajouri district, Manhas said, adding that the involvement of some traders is also suspected in the case.
"Speedy investigation is going on to unearth all the links of this racket and put the accused behind bars," he added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 05 2018 | 10:15 PM IST

Next Story