Delhi Police have busted an alleged counterfeit currency supply network with the arrest of two men from Bihar and the recovery of fake Indian currency notes with a face value of Rs 2.65 lakh from their possession, officials said on Friday. The accused have been identified as Dinesh Kumar Jha (36) and Satish Kumar (20), both residents of Muzaffarpur in Bihar.

Source: IANS via HiIndia

According to police, the operation was carried out on November 5 after Sub-Inspector S.N. Ojha, in charge of Police Post Sangatrashan, received specific information about two persons allegedly involved in the supply and circulation of counterfeit currency in the area. The team raided Neelam Guest House in Paharganj, opposite New Delhi Railway Station, and apprehended the two suspects.

Source: Northern Herald (IANS)

A search led to the recovery of counterfeit currency amounting to Rs 2,65,100. Of this, Rs 2,45,100 was seized from Jha, comprising four counterfeit notes of Rs 500 denomination, 1,000 notes of Rs 200 denomination, 351 notes of Rs 100 denomination and 160 notes of Rs 50 denomination. The remaining Rs 20,000, comprising 100 counterfeit notes of Rs 200 denomination, was recovered from Satish Kumar, police said.

Rs 2,65,100Face value of fake notes recovered
2Men arrested, both from Muzaffarpur, Bihar
FIR 437/26Case at Paharganj police station

A case was registered at Paharganj police station vide FIR No. 437/26 under Sections 179, 180 and 3(5) of the Bharatiya Nyaya Sanhita (BNS), and further investigation has been initiated. Both accused have been arrested, medically examined and produced before the court, officials said. The allegations against the two men are yet to be tested in court.