Published On : Sun, May 30th, 2021

Two arrested for printing fake currency notes

Representational Pic

Nagpur: The crime branch of Nagpur police has arrested two persons for allegedly printing fake currency notes, an official said on Sunday.
The accused learnt printing of currency by watching tutorials on YouTube, he said.

The accused, Nilesh Kadbe (24), a history-sheeter, and Maruf Khan alias Rafique Khan (24) had managed to circulate fake currency with the face value of Rs two lakh in the market so far, he said.

Acting on a tip-off, the police raided Kadbe”s house in Ekta Nagar locality on Saturday.

Gold Rate
Tuesday 28 Jan. 2025
Gold 24 KT 80,300 /-
Gold 22 KT 74,700 /-
Silver / Kg 90,600 /-
Platinum 44,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above

Police had seized a computer, two printers, besides fake currency notes of Rs 100 denomination.

Kadbe used to purchase food, liquor, electronic gadgets etc using fake currency. He had also purchased items from e-tailers, the official said.

To avoid risk, he used to print fake notes of Rs 100 and Rs 50 denominations as circulating fake currerncy of Rs 500 in the market is risky.

A case has been registered under the Indian Penal Code.

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