Bogus Notes Making Gang Busted, 1 Lakh of Fake Cash Seized

The Pundliknagar police busted the scam of fake currency and arrested five persons along with the counterfeit currencies amounting Rs 1.20 lakh, police received the information that fake currencies are being used for purchasing liquor in Super Wine Shop.

Accordingly, special team led by API S K Khatane laid a trap and arrested Raghunath Dhawalpure. During investigation, he told that the mastermind of the counterfeit currencies is Samran alias Lucky. Lucky manufactures the fake currency with the help of Nitin Chaudhary in a rented house in Mukundwadi area. Later Akshay Padul and Dadarao Gavade circulated these currencies in the market, Dhawalpure told the police.

Based on the information, the police arrested all the accused and the mastermind Lucky in the end. They seized counterfeit currencies in the denomination of Rs 500, Rs 100 and Rs 50, all amounting Rs 1.20 lakh and a computer, all in one printer, cutter, scale, paper, five mobile phones, car and other articles used for making the fake currency.

The arrested have been identified as the kingpin (computer engineer) Samran alias Lucky Rashid Shaikh (30, Jasvantpura, Nehrunagar), Nitin Kalyanrao Chaudhary (26, Mukundwadi), Akshay Annasaheb Padul (28, Gajanannagar), Dadarao Popatrao Gavande (42, Gajanannagar) and Raghunath Chaindas Dhavlpure (49, Gajanannagar) in this connection.
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