Fake currency printing racket busted in rice mill; STF nabs accused
CNN Central News & Networks / ITDC India ePress / ITDC News / Agencies:
The Special Task Force (STF) in Uttar Pradesh’s Shravasti district has exposed an alleged gang involved in printing fake currency notes. During the operation, the preparation of counterfeit notes inside a rice mill came to light. Fake notes worth about Rs 1.74 lakh, a printer and other material used in printing the notes were recovered from the spot.
According to preliminary information, the accused were printing counterfeit Indian currency on the rice mill premises. Acting on confidential information, the STF carried out the operation and uncovered the activity. During the raid, equipment and material linked to printing were also seized along with the fake notes.
The quality of the recovered counterfeit notes, the plan to circulate them in the market and the role of others involved in the activity are being investigated. Investigating agencies are also trying to determine how long the accused had been active in this illegal trade and how much fake currency had been prepared or distributed so far.
After the recovery of the fake notes, police and investigating agencies are examining other aspects of the case.
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