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Counterfeit note racket busted in Hubli, five arrested

Staff Correspondent

Police unearth fake lottery ticket racket, two persons arrested



PRIZE CATCH: Police showing the fake currency notes and a printing machine which were seized, in Hubli on Friday.

HUBLI: The Hubli Police have arrested a five-member gang allegedly involved in circulation of counterfeit notes, and have confiscated fake notes worth Rs. 1.6 lakhs.

Police gave the names of the arrested as Rajesh Mukundegowda (24) and Nagaraj Subbaiahgowda (27) of N.R. Pura in Chikmagalur district, Mallikarjuna Yellappa Shivalli (27), Chandraashekhar Ishwarappa Rayanagowdar (27) and Sanju Naganagouda Patil (26) of Hubli.

Police said Rajesh is the kingpin of the racket.

Along with the fake notes of the denomination of Rs. 500 and Rs. 100, they have recovered a colour printer, white sheets used for the printing notes and a motorcycle, all valued at Rs. 2 lakhs. The accused were arrested on Friday by a police team consisting of Assistant Commissioner of Police D.B. Naduvinamani, Inspectors A.R. Badiger and N.B Sakri, Sub-Inspector L.M. Chauhan and others.

Police said the gang had been operating in Haveri, Hospet, Shimoga and neighbouring districts. All the arrested have been remanded in judicial custody.

Fake lottery tickets seized

Police have unearthed a fake lottery racket in Hubli and seized lottery tickets worth Rs. 51 lakhs.

Two persons have been arrested in this connection.

Speaking to presspersons, Narayan Nadamani, Police Commissioner, Hubli-Dharwad, gave the names of the arrested as Shavul Mohammad and Hemanth Nagappa Benakanakonda of Hubli.

He said Mani Ramakrishnan, the third accused in the case is absconding.

Mr. Nadamani said that the accused were printing lottery tickets of Bhutan and Nagaland State Lotteries illegally.

They were also conducting draws after 6 p.m., which is against the regulations of the Karnataka State Lottery Act, he said. The racket came to light when Inspector N.D. Birje and his team, acting on a tip off, raided a shop situated behind the Shantinagar Church on Saturday.

Cases have been registered against the accused for cheating the public and under the Lottery Circulation and Regulation Act, 1998, the Police Commissioner added.

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