Acting on a tip-off, the police have arrested three persons for circulating fake currency notes and seized 491 fake notes of 100 rupees denomination.
The three were nabbed on Thursday from Donje Phata area in the jurisdiction of Haveli police station. Police have also seized the car they used and also a colour printer used by them to take print-outs of real currency notes to make counterfeit ones.
Police said the three operated in markets in rural areas and targeted older vendors who would find difficult to differentiate between original and fake notes.
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The three arrested suspects have been identified as Sunil Dattoba Kamble alias Bhausaheb (38), a resident of Gorhe, Sachin Bhikaji Kadam (43), a resident of Yerawada and Mahesh Laxman Dhotre (31), a resident of Khanapur.
Senior inspector Ram Jadhav of the Local Crime Branch (LCB) said Kamble was earlier arrested for printing and circulating fake currency notes in the jurisdiction of Mumbai city police.
Jadhav said, “These people used to print notes on a plain paper with the help of colour printer. We have come to know that they have circulated these notes mainly in rural areas, in small markets. They used to give fake Rs 100 notes to small vendors to buy things which would cost not more than Rs 10 or 20 and get Rs 80 to 90 back. So far, they have circulated fake currency notes ‘worth thousands of rupees’ in rural areas in and around Pune.”
Police said the seized notes were not as good a copy like those smuggled into India via Malda in West Bengal, but could be identified as fake notes only on closer inspection.
In a similar seizure in 2013, Nigdi police had arrested two women from Haryana and seized from them a colour printer which they had used to print fake currency notes.