Two arrested with counterfeit notes in Agra

August 11th, 2008 - 10:17 pm ICT by IANS  

Lucknow, Aug 11 (IANS) The police Monday arrested two people in Agra and recovered fake currency notes with a face value of Rs.100,000 from them days after a counterfeit currency racket of nearly Rs.20 million was unearthed in a bank in eastern Uttar Pradesh. “We were receiving information about their activities for the past few months and they were arrested from a rented house in Tal Firoz locality,” police inspector Bijendra S. Tyagi said.

The currencies were in the denomination of Rs.1,000, Rs.500 and Rs.100, he added. The arrested men were identified as Ashok alias Bobby and Pooran.

The police also recovered a computer, printer and other equipments used in manufacturing the fake notes.

“Earlier in 2006, Bobby was arrested for the same offence and he started the same business after coming out of the jail,” Tyagi added.

Earlier on Aug 4, a cashier of the State Bank of India branch at Domariyaganj was arrested for exchanging fake currency amounting to nearly Rs.20 million with original ones in the currency chest of the bank.

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