NE NEWS SERVICE
MUMBAI, MARCH 10
Crime branch of the Mumbai police has arrested a 45-year-old man from Tamil Nadu in connection with a fake currency racket, an official said here on Tuesday.
The crime branch police have arrested Bhaskar Natar (43) with counterfeit currency worth of Rs 1.28 lakh here on March 3.
Investigations led the crime branch sleuths to Sarvanan Vaniar, a resident of Tirupattur town in Tamil Nadu, the official said. Natar allegedly told the investigators that he was acting as a courier person for Vaniar.
The crime branch team raided Vaniar’s house in Tirupattur and seized 1,476 fake notes of Rs 500 denomination and 85 notes of Rs 200 denomination with total face value of the seized fake currency worth Rs 7.55 lakh.
A printer, scanner and other materials required to make counterfeit currency were also seized. Vaniar would be soon produced before a court in Mumbai, the official added.