Excelsior Correspondent
Srinagar, May 9: Four persons were arrested and booked today in Bandipora for circulating Fake Indian Currency Notes (FICN) and recovered Rs five lakhs worth fake currency and other printing materials in Bandipora.
On receiving specific inputs, Bandipora police arrested four persons identified as Nisar Ahmad Lone, Abdul Rashid Akhoon both residents of Bandipora and Shabir Ahamad Mir, Gulzar Ahmad Sheikh, both residents of Kulgam district.
They were involved in circulating and using Fake Indian currency notes as genuine in the different areas of Kashmir by mixing them with the original notes.
A police party of Police Station Bandipora swung into action and arrested all the four accused persons with the help of Kulgam Police.
Police also seized five lakhs including 200, 500, 2000 fake currency notes, from their possession. Printing machine, papers, and paper cutting machine were also seized by the police.
A case has been registered against them under the UAPA act.
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