Five arrested for circulating counterfeit currency in Vellore
The Gudiyatham Town police seized a total of Rs 1.5 lakh in fake Rs 500 notes from the group.
The Gudiyatham Town police arrested five persons in Vellore on Sunday for circulating counterfeit Rs 500 currency notes in the area, according to The Hindu.
The arrested individuals have been identified as Mohammed Rafiq, 48, Ahmed, 56, Kamaraj, 32, Gopal, 51, and Babu, 59. They are residents of Gudiyatham and Ambur towns.
Police stated that the key suspect, Rafiq, who runs a hotel in Karanampettai, paid a delivery agent Rs 1,000 in cash for grocery items. The agent became suspicious of the currency and informed the police.
Officers inspected the hotel and seized Rs 50,000 in counterfeit Rs 500 notes. Following information from Rafiq, police searched the premises of other gang members and found an additional Rs 1 lakh in fake notes.
The gang told police they sourced the counterfeit currency from agents in West Bengal. A total of Rs 1.5 lakh in counterfeit notes was seized during the operation.
A case has been registered and the gang members have been lodged at the Central Prison in Vellore. A probe is currently under way.