Police on Wednesday busted a fake currency racket and arrested three persons, who allegedly took colour facsimile of genuine notes in ₹2,000 and ₹500 denominations.
The trio were identified as Jayarajan, Velu and Palaniappan. Jayarajan had a printer and the colour prints were taken from it. Acting on a tip off, Ganesh Nagar police arrested him and his assistants Velu and Palaniappan. Fake notes to the face value of ₹7.16 lakh were seized.
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