A team of police under Yubaraj Swain, IIC, Kaliapani PS of Jajpur have busted a huge fake currency racket here on Friday evening with the arrest of four accused and seizure of counterfeit notes Rs. 2000, Rs. 500, Rs.100 and Rs. 50 worth over Rs. 27,46,200.
Soumendra Priyadarshi, IG (Central) told the reporters in a press meet that basing on reliable information, the Kaliapani police first conducted raid and apprehended Pradeep Kumar Pradhan of Kingola village under Bhuban PS in Dhenkanal district who was possessing 82 pieces of fake Indian currency notes of Rs.100
denomination amounting to Rs.82,000. He was trying to circulate it in the local market finding it to be a fit place for use as the place is inhabited mostly by illiterate and innocent villagers.
Sourced through Scoop.it from: ommcomnews.com
When the police interrogated him, he disclosed the name of Chandramani Bal of Chhachina village under Mangalpur PS. The police arrested Bal and seized counterfeit notes amounting to Rs.50,000 of various denominations like Rs.50, Rs.100, Rs. 500 and Rs.2000. They arrested another person named Sarbeswar Sahu from Angul and seized fake notes amounting to Rs.2,89,000 from him.