Man arrested with counterfeit notes in Varanasi

| TNN | Jan 12, 2019, 21:25 IST
The accused in custodyThe accused in custody
LUCKNOW: The Uttar Pradesh Anti-Terrorist Squad (UP ATS) sleuths arrested a man in Shivpur area of Varanasi on Tuesday and recovered 260 fake counterfeit notes in denomination of Rs 2000 from him. On January 1 also, the ATS had nabbed one Naveen Yadav with 400 fake notes in denominations of Rs 2000.


The accused, Shyam Babu of Patna, was nabbed from outside Deen Dayal junction in Chandauli following a tip-off. He was part of a network supplying fake notes to various parts of India, said UP ATS officials.


IG (ATS) Asim Arun said that Babu was used as a carrier to transfer fake notes from Malda in West Bengal to Pune in Maharashtra. “We have zeroed in on the person to whom the fake notes were to be handed over,” he added.


The fake notes recovered from Babu’s possession don’t seem to be of a very fine quality and prima facie seem to be manufactured in West Bengal.


Babu also confessed that fake notes were in circulation in local markets of Pune and that he got fake notes worth Rs 1 lakh after paying only Rs 35,000.


Download The Times of India News App for Latest City News.
ReadPost a comment

All Comments ()+

+
All CommentsYour Activity
Sort
Be the first one to review.
We have sent you a verification email. To verify, just follow the link in the message