A fake currency racket having its roots in Odisha’s Berhampur was busted by Bhubaneswar commissionerate of police on Sunday. Five persons were arrested and fake Indian currency notes of ₹2,000, ₹500, ₹200 and ₹50 denominations amounting to ₹4.65 lakh were seized from them.
The arrested persons include the masterminds of the racket, Rameswar Moharana (43) and K. Ramesh (56), both hailing from Berhampur, and their associates from Khurda district — Pranam Bhoi (22), Dilip Bhoi (19) and Sarat Sahu (32).
The associates revealed that the manufacturing unit was at Palur Bunglow Street in Berhampur.
