Satara: Mumbai police on Thursday arrested six persons for allegedly printing fake currency notes of Rs 2000 and Rs 500 denominations using colour photocopiers. The printing work was carried out at a place over 250 kilometers from Mumbai, police said.
Police seized fake notes with a face value of Rs Rs 26.54 lakh as well as some notes, with a face value of Rs 29.88 lakh, that had been printed on just one side, a senior official said.
The incident came to light when following a tip off a local crime branch team kept an eye on two people outside Kateshwar Temple area. The duo were trying to pass off the fake notes as genuine ones when the police nabbed them.
“They revealed during interrogation that other members of the gang were printing fake notes by deploying colour photocopiers,” said Sandeep Patil, Superintendent of Police, Satara.
Based on the information bu the two, crime branch raided some places in Satara and seized all the fake notes.
Among the six arrested is a person with good knowledge of computers and printing who allegedly started the racket, the official added.
He said that investigations were currently underway to know more about the operations of this gang as well as to find out if the accused had any terror links.