New Delhi, Nov 6 (PTI) Delhi Police has arrested two men from Bihar and recovered counterfeit Indian currency with a face value of Rs 2.65 lakh from their possession after busting an alleged fake currency supply network in central Delhi's Paharganj area, an officer said on Friday.
The accused, identified as Dinesh Kumar Jha (36) and Satish Kumar (20), both residents of Muzaffarpur, were apprehended during a raid at a guest house, opposite New Delhi Railway Station, following a tip-off on Thursday.
"The raiding team recovered counterfeit notes worth Rs 2,65,100 from their possession. The Crime Team and Forensic Science Laboratory (FSL) team were called to examine the seized currency," the officer said.
During interrogation, the accused disclosed that they had come to Delhi to sell counterfeit currency and were looking for prospective customers.
They planned to exchange counterfeit currency worth Rs 1 lakh for Rs 25,000 to Rs 30,000 in genuine currency. However, they had not finalised any deal or found a customer before their arrest., he added.
The accused also disclosed that the counterfeit notes had allegedly been supplied to them by a person. Police are investigating the supplier's role and efforts are underway to identify other members of the network.
Of the total recovery, counterfeit notes worth Rs 2,45,100 were seized from Jha, while notes worth Rs 20,000 were recovered from Satish.
"Jha was previously involved in a counterfeit currency case registered in 2023. Further investigation is underway," the officer said.
