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Fake currency racket! Three arrested, Rs 40,500 counterfeit notes seized

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Mysuru: Mandi police have busted a fake currency racket and have arrested three persons. Thirty three duplicate currency notes in the denominations of Rs 2,000 and Rs 500 have been seized from them.

Guruswamy, 33, Kurubageri and Ravishankar, 23, both from Gundlupet in Chamarajanagar and Mahesh, 23, Chikkamarali, Pandavapura taluk in Mandya were arrested when they were pitching the notes in front of a wine shop on Sheshadri Iyer road.

A total of 16 notes were in the denomination of Rs 2000 and 17 having a face value of Rs 500.

Mandi police Inspector L Arun led team busted the racket. Policemen Chandrashekar, Harish and Ravigowda were in the tèam.

– Team Mysoorunews

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