Ratibad police along with Bhopal STF have busted a gang involved in producing counterfeit currency notes and recovered fake currency notes Rs 5,51,670 from three miscreants; two gang members are residents of Jalgaon Maharashtra.
Fake currency worth Rs 5.5 lakh was recovered from a Barkhedi Khurd by Ratibad police after monitoring his movements for ten days.
The nabbed accused was identified as Waseem Khan of Barkhedi Khurd and recovered fake currency notes of Rs 45570 and a mobile phone from his possession. It was found that the accused was on his way to Ratibad to deliver the fake currency notes in an envelope and was nabbed before he could deliver the consignment.
During the further investigation Waseem revealed that fake currency notes are provided by Saddam and based on the information police team was dispatched which nabbed Saddam and recovered fake currency notes of Rs 1.4 lakh. Police quizzed Saddam after which he revealed that Bhupendra Patil alias Bhau has facilitated fake currency notes. Acting swiftly Bhau was nabbed and from his possession Rs 900 were recovered and he his office JK Finance was searched where police team found fake currency notes of Rs 3,65,200 and printer used to produce fake currency notes.
Police have registered a case under section 489 A, B, C and D and 34 of the IPC and started search for other members of the nexus.
The regions were the gang members used to circulate fake currency notes would be investigated. The period for which the gang members were active is yet to be found.