Fake currency notes printing unit busted, one held in TN  

PTI
Saturday, 2 June 2018

Based on the confession made by the accused, police searched a house in Velandipalayam in the city outskirts and seized more fake notes, meant for circulation, with a face value of around Rs 20 lakh, police said. 

Coimbatore: A counterfeit currency note printing unit was unearthed here on Saturday and 6,000 fake notes with a face value of Rs 1 crore were seized while one person was arrested in this connection, police said. 

During a vehicle check early on Saturday, a youth was found carrying a large number of Rs 2,000 notes on his two-wheeler, they said. 

The notes seized were to the tune of Rs 83 lakh, they added. 

Based on the confession made by the accused, police searched a house in Velandipalayam in the city outskirts and seized more fake notes, meant for circulation, with a face value of around Rs 20 lakh, police said. 

Besides, a computer, printer and a cutting machine were recovered, they said adding further investigations are on.

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