New Delhi: Two held with fake currency worth Rs 6 lakh

They used supply it to prospective buyers of different states and particularly within different districts of UP and also in the NCR region.

Update: 2017-02-18 21:48 GMT
According to government estimates, there is Rs 400 crore of fake currency in circulation in the economy at any given point of time.

New Delhi: Two persons, allegedly carrying fake currency worth Rs 6 lakh, in the form of Rs 100 notes, were been arrested on Friday. The gang has pumped around Rs 2 crore fake currency in denomination of Rs 100 in the market.

The accused, Sanjeev alias Mukesh and Arvin, are based in Shamli (UP) and were involved in circulating the fake currency they received from Eastern UP-based sources, said DCP (special cell) Sanjeev Kumar Yadav.

They used supply it to prospective buyers of different states and particularly within different districts of UP and also in the NCR region.

“It has been found that the Eastern Uttar Pradesh based sources procured the fake currency from Nepal which actually came from Pakistan,” the police official added.

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