The Nilgiri police in Baleswar district busted a fake currency racket by arrested two persons including a woman on Saturday. Fake Indian currency notes amounting Rs 32,700 was seized from the possession of the duo.
The arrested were identified as Purnachandra Nayak of village Nayapatna of Santragadia area and Binapani Mukhi of village Saharpur under Khaira police station in the district.
Police seized 38 notes of Rs 500 denomination, 45 notes of Rs 200 and the rest of Rs 100. The gang used to circulate these fake notes in the local market areas which are frequented by tribals
.Nayak earlier deposited Rs 30,000 fake notes in a ATM of a bank at Santragadia Market. The bank manager, after learning the notes were fake returned the notes to Nayak.
But after getting a complaint from an IMFL outlet about fake notes deposited in their counter, the Iswarpur outpost police began an investigation which led to Nayak’s arrest. Notably, Nayak was earlier arrested in connection with a fake Hanuman coin transaction and was in jail