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Man held with fake currency with face value of Rs 6.77 lakh

Press Trust of India  |  Yavatmal 

Police Monday seized fake currencies in new denominations having face value of over Rs 6.77 lakh from a car and arrested a 27-year-old man, an said.

Apart from counterfeit currencies in denominations of Rs 200 and Rs 2000, the crime branch officials also seized a car, a printer and other material- collectively worth Rs 8,42,720.

While was arrested in the action, his accomplice managed to escape, a said.

Patil is a resident of Brahmi village in the district.

superintendent of police M Rajkumar said the crime branch officials had received a tip-off that counterfeit notes of Rs 200 and Rs 2,000 are in circulation in Darwha and Digras areas of the district.

Police intercepted a car coming towards and seized the fake notes today, he said.

The SP said Patil told them that he was printing fake notes from his residence in Bramhi village.

Police raided the place and recovered a scanner, a printer, ink bottles and other items.

An FIR has been registered against Patil who was booked in similar cases in Karanja and Murtizapur in district last year. A case of burglary was also pending against him, the said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 08 2018. 21:20 IST