TWO HELD WITH FAKE ₹2K NOTES WORTH ₹96,000
MUMBAI: The National Investigation Agency (NIA) on Saturday arrested two people for allegedly possessing counterfeit ₹2,000 banknotes, amounting to ₹96,000.
“The agency had a tip-off that the accused would come to Marol in Andheri (East) for a transaction with the fake notes,” read a statement by NIA.
A team was sent to lay a trap and the two accused named Saddam Hawaldar and Fahad Chandiwala were arrested.
It was found that the two suspects reside in Sakinaka and Kalina respectively.
The agency is probing the money trail to find where the counterfeits were printed and distributed. The MIDC police has registered a case under section 489D and 489C of the Indian Penal Code (IPC).