In a significant crackdown on counterfeit currency, the police in Bantwal, Karnataka, have seized fake notes with a face value of Rs 2.38 lakh and arrested two individuals in connection with the crime. The operation also led to the confiscation of three mobile phones valued at Rs 57,000 and a car allegedly used in the illegal activity, which is estimated to be worth around Rs 5 lakh.
Details of the Seizure
The counterfeit notes were discovered during a routine check by the Bantwal police. Acting on a tip-off, the authorities intercepted a vehicle and recovered the fake currency. The two suspects, whose identities have not been disclosed, were taken into custody for further interrogation. The police are investigating the source of the counterfeit notes and whether the accused are part of a larger network involved in circulating fake currency in the region.
Items Confiscated
- Counterfeit notes with a face value of Rs 2.38 lakh
- Three mobile phones worth Rs 57,000
- One car valued at approximately Rs 5 lakh
The police have registered a case under relevant sections of the Indian Penal Code and are conducting a thorough investigation. The arrested individuals are being questioned to determine the origin of the counterfeit notes and their intended use.
Police Action
The Bantwal police have intensified their efforts to curb the circulation of fake currency in the area. This seizure is part of a broader initiative to crack down on illegal activities that undermine the financial system. The authorities have urged the public to remain vigilant and report any suspicious transactions to the nearest police station.
The investigation is ongoing, and further details are expected to emerge as the police delve deeper into the case. The arrested individuals are currently in police custody and will be produced before the court soon.
