Raipur

Two arrested with Rs2 lakh worth counterfeit notes

Staff Reporter

The police arrested two men with counterfeit notes worth Rs2 lakh here on Wednesday. Superintendent of Police (SP) Amresh Mishra said the arrested were identified as Ganpat Yadav (35) and Sebastian alias Amit Sai (24) residents of lailunga. According to him, the special team launched a manhunt following a tip off and arrested them from Jashpur and Raigarh respectively with the counterfeit notes. One of their partners is already in Rigor jail, he said.

During investigation, he said, Ganpat confessed to the police that he used to circulate fake currencies with his partner Bhojo Yadav in markets, district Raigarh. He came to  Korba with same intention.  They used to sell the fake notes to villages in half rates. According to them, the counterfeit notes were smuggled in from Pakistan via Bangladesh and circulated at different places in the State. They also claimed to have circulated such currencies in Korba district.

The SP also cautioned the people about the circulation of counterfeit notes of Rs1000 and Rs500 denominations. According to Mishra both were booked under Section 489 (b) (using as genuine, forged or counterfeit currency-notes or bank-notes) of the Indian Penal Code (IPC).