Pune, June 10 (SocialNews.XYZ) In a major swoop, the Crime Branch of Pune police, along with army authorities, busted a fake currency racket and detained at least six persons, officials said on Wednesday.
A seizure of counterfeit Indian currency of various denominations of face value Rs 43.4 crore and $4.2 crore was made, besides a fake pistol and some documents.
The quality of the notes will be checked in due course by experts, said an official.
Six accused have been detained till now. They were identified as Shaikh Alimgulab Khan, Sunil Badrinarayan Sarda, Ritesh Ratnakar, Tofail Ahmed Ishaq Khan, Abdulgani Rehmatullah Khan and Abdul Rehman Abdulgani Khan.
Prima facie, the modus operandi of the gang is believed to be cheating unsuspecting people using such fake currencies.
Further investigation is going on regarding the source of the fake currency, others involved, etc.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz