Two brothers arrested with over Rs.300,000 in fake currency

December 30th, 2008 - 10:07 pm ICT by IANS  

Noida, Dec 30 (IANS) Two brothers were arrested with counterfeit currency worth over Rs.300,000, the police said Tuesday.The Special Operations Group (SOG) of the Noida Police arrested the brothers, Atar Singh and Amit Singh, for allegedly supplying fake currency. Fake currency worth Rs.306,500 was seized from them.

Acting on a specific information, the brothers were arrested Monday night from Sector-93.

“These people had printed these notes at some location and were preparing to circulate the fake currency in the Indian market. We have recovered counterfeit currency worth Rs. 306,500 from them,” said A.K. Tripathi, superintendent of police (city).

“Eight packs of currency have been obtained from them. The culprits have two packets of fake Rs.1000 notes, 2 packets of Rs.500 notes and 4 packs of currency in the denomination of Rs.100,” he said.

The duo hail from Uttar Pradesh’s Bulandshahr district, the police said.

On Dec 16, five Nepali nationals were arrested for circulating fake currency notes.

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