They are part of wider gang involved in circulation of fake notes in southern parts of the country
Two persons from Tamil Nadu were arrested by the Kollam East police on Wednesday following the seizure of counterfeit currency notes of Rs. 6.51 lakh face value.
City Police Commissioner Debesh Kumar Behera said that the two were part of a wider gang involved in the circulation of counterfeit currency notes in the southern parts of the country. Most of the notes were in the Rs. 500 denomination, while 98 of them were in the Rs. 1,000 denomination.
Acting on a tipoff, a police team, led by Sub Inspector G. Gopakumar, arrested Thangaraj (61) of Nagercoil and Mani (60) of Gandhipalayam in Dharmapuri district, at the Kollam railway station. Thangaraj is also wanted in connection with four other counterfeit currency cases.
According to the police, the two arrested persons had supplied a large quantity of fake notes to several persons in Kollam and Thiruvananthapuram districts. Police are investigating the identity of these persons as well.
Mr. Gopakumar said the notes were mass-produced with colour copiers and inkjet printers, which too have been seized. Preliminary investigations show that the seized notes were sourced from Andhra Pradesh.
Mr. Behera said that police are investigating whether the fakes notes seized from the two were sourced from Maoists or from across the border.