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Kerala - Thiruvananthapuram Printer Friendly Page   Send this Article to a Friend

Fake currency racket busted

By Our Staff Reporter



The three who were arrested in connection with the seizure of fake currency in the city on Monday.

THIRUVANANTHAPURAM, APRIL 11. The Police today seized fake Indian rupee notes amounting to Rs. 75,000 from Kovalam and Peroorkada areas in the city. Three persons, including two women, were arrested in this connection. The accused were identified as Amir (35) of Kovalam, his wife, Nisha (22) and Radha (30) of R.V. Puram colony in Peroorkada.

The Circle Inspector, T. F. Xaviour, said the fake notes of Rs. 100 and Rs. 500 denominations were meant to be palmed off at toddy shops, bar hotels, rural markets, petrol pumps and public transport vehicles. The police said the arrested persons had got the forged notes from Bhuvanachandran, the owner of a computer centre in Venganoor who has also been named as one of the accused in the case.

Forgery

The notes were forged by scanning genuine rupee notes and then laser printing the resulting images on high quality paper. The two sides of each note were then cut out and stuck together. The fake notes closely resembled original ones but lacked key security features which are hidden and difficult to duplicate, police said.

The police were looking for Radha's husband Stephen in connection with the case.

Mr. Xaviour said the fake notes amounting to Rs. 65,000 was concealed in the house of Stephen at R.V. Puram colony. The rest was recovered from the house of Amir and Radha.

On January 8, the Cantonment police had arrested eight persons from a lodge at Tutor's Lane in Statue on the charge of possessing fake Indian currency notes amounting to Rs. 50,000. An undercover officer had gained access to the gang by posing as a client interested in buying fake notes.

The police said that fake notes were introduced into general circulation through a network of agents that included street vendors, staff at hotel bars and even some bus conductors.

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