Fake currency notes of Rs 2K, Rs 500 worth Rs 7.10 crore seized

News Network
April 19, 2018

Belagavi, Apr 19: The police have busted a massive counterfeit currency racket in Karnataka’s Belagavi. They arrested one person on Wednesday and seized fake currency notes adding up to Rs 7.10 crore face value, stocked for distribution among voters on the eve of the polling day.

Acting on the credible information received, police raided an abandoned Public Works Department (PWD) quarters building in Visvesvaraya Nagar in APMC police station jurisdiction.

They arrested one man identified as Ajitkumar Nidoni, a resident of Sadashiva Nagar in Belagavi. The police also raided an abandoned house. The fake cash was kept in the cupboard and was meticulously packed.

The police seized Rs 5.84 crore fake currency notes of Rs 2000 face value and Rs 1.26 crore fake currency of Rs 500 notes face value all adding up to a total of Rs 7.10 crore in fake money.

Police sources said the persons behind the racket had stocked the counterfeit currency with the intent to distribute it to voters on the eve of the polling day.

Police have booked a case of cheating, bribing the voters. This is the first instance wherein attempts have been made to distribute fake currency notes to lure voters.

The police investigations are yet to reveal where these currency notes were printed, how they were transported and they were meant to favour which candidate. APMC police are investigating the case.

Comments

Danish
 - 
Thursday, 19 Apr 2018

I was listening Modi's black money speech.. What a comedy.. He has good humor sense.. I feel pity on people who eleccted modi.. poor Sanghis

Feku
 - 
Thursday, 19 Apr 2018

“Agar ek baar ye jo chor lutero ke paisa videshi bankon me jama hain na…, itne bhi hum rupaye le aaye na to bhi hindustaan ke ek ek garib aadmi ko mufat me 15–20 lakh rupaye yu nh mil jayenge, itne rupaye hain. ye hamare MP sahab keh rahe the, kala dhan aa jaye to jahan chahe railway ...

 

- Modi

Danish
 - 
Thursday, 19 Apr 2018

authority saying 2000 rupees shortage.. for this no shortage.

Truth
 - 
Thursday, 19 Apr 2018

Instead of spending money for some votes atleast they can spend half of the money for poor people

Kumar
 - 
Thursday, 19 Apr 2018

Poll bound money leakage

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News Network
May 18,2020

Mangaluru, May 18: A boat which was engaged in an operation to fix the pipe relating to the reverse osmosis plant of Mangalore Refinery and Petrochemicals Ltd (MRPL) at Tannibavi turned turtle due to strong wind.

Two workers had gone missing in the incident that occurred on Sunday late evening, and one of them was rescued shortly thereafter.

The person who has not yet been found happens to be Pandu Pist from Mumbai. The person who was rescued was Santosh from Dakshina Kannada.

Three workers from West Bengal who were facing danger were also rescued.

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News Network
June 1,2020

Mangaluru, Jun 1: A youth was hacked to death and two others suffered critical injuries following a fight between two gangs at Yekkaru Devaragudde near Kateel under the limits of Bajpe police station last night.

The deceased has been identified as Keertan (20), a resident of Marakada. The injured are Nitin (20) and Manesh (20). It is learnt that old animosity led to the attack and murder.

According to sources, members of both gangs were friends in the past. They had become enemies of each other following a fight regarding sand mining.

Sources said that Keertan, Nitin, and Manesh had reportedly invited their rival gang to Devaragudde for some discussion. A verbal friction arose between the two gangs and it culminated in the attack by the rival gang members with daggers. Keertan reportedly died on the sport. The other two were taken to hospital.

The accused fled the scene soon after committing the crime. A case has been registered at Bajpe police station. A manhunt has been launched to nab the accused.

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coastaldigest.com news network
July 7,2020

Bengaluru, Jul 7: Vasudeva Maiya, former CEO of Sri Guru Raghavendra Co-operative Bank, was found dead in his car in Bengaluru on July 6.

The Subramanyapura police have begun an investigation into Vasudeva Maiya's death.  Source said that he committed suicide. He was a native of Kota in Udupi district.

The car was found parked a little away from Maiya's house at around 6.30 pm on July 6.

The Reserve Bank of India (RBI) had in January imposed restrictions on Sri Guru Raghavendra Co-operative Bank and limited withdrawals to Rs 35,000 by customers.

On June 18, Anti-Corruption Bureau (ACB) raided five offices of Sri Guru Raghavendra Co-operative Bank, in relation to alleged misappropriation of Rs 1,400 crore.

The RBI, Enforcement Directorate, Criminal Investigation Department, and Registrar of Cooperative Societies are looking into the financial irregularities at the lender.

The police also conducted searches at residences of Maiya and the bank's chairman K Ramakrishna in relation to the above mentioned case, sources said.

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