Kolkata Police nabs forgers counterfeiting Rs 500 notes

rs 500 notes

Recently four persons were arrested from Narkeldanga area in concern with the counterfeiting of Rs 500 notes. Kolkata Police recovered counterfeit notes of both Rs 2000 and Rs 500 after the arrests from Maharani Swarnamoyee Street.

The four alleged persons have been identified as Prashanta Majumdar who hails from Nadia, Md Akram Ali a resident of Tiljala, Anaraul Haque from Malda, Guddu Khureshi from Topsia. The cops have been bewildered as the three people are from Kolkata.

The overall value of the counterfeit currency is around Rs 4.25 lakh. The confiscated notes include 163 Rs 2000 notes and 198 Rs 500 notes. As RBI is taking stringent regulations for the proper flow of Rs 2000, counterfeiters are making more emphasis on faking Rs 500 notes.

Police has revealed that the four men earlier used to bring notes through Malda but recently shifted their routes through Nadia and Assam. Counterfeiters were successfully able to copy 17 security features of the notes which include design, colour, pattern, number pattern, see-through watermark, the picture of Mahatma Gandhi, Swachh Bharat logo and slogan and motif of Mangalyaan.

Source: TOI