Police bust fake currency note racket
The Kannur police have busted a counterfeit currency note racket allegedly operating across Kasaragod and Kannur districts.
Following the recent arrest of a 36-year-old man, identied as Shiju from Kandoth, Payyanur, who was found in possession of counterfeit notes earlier, the Kannur Town police investigating the case have now apprehended a 45year-old woman, identied as P. Shoba, linked to the illicit operation.
Shiju’s arrest came after an incident at a local bar in Kannur where he used fake currency to settle his bill. The sta promptly alerted authorities, leading to Shiju’s arrest at a nearby location where he was found in possession of counterfeit notes. This led investigators to uncover a broader network of money counterfeiters operating in the region. Led by Inspector Subash Babu, the Kannur Town police team pursued leads from Shiju’s phone,
Following the recent arrest of a 36-year-old man, Kannur Town police have apprehended a 45-year-old woman
which led them to Sobha, who runs a driving school at Cherupuzha. During a raid on Shoba’s residence at Cherupuzha, the authorities recovered counterfeit notes of ₹2,000 denomination.
Further scrutiny revealed Shoba’s involvement in a separate incident at a gas station at Cheemeni where she attempted to use a fake ₹500 note. Although initially released after interrogation by the Cheemeni police, Shoba’s connection to the counterfeit money racket became evident following Shiju’s arrest.
Investigators suspect the involvement of another individual, a youth from Palakkad, who remains at large. There are indications of his role in transporting counterfeit money to Cherupuzha.