INSUBCONTINENT EXCLUSIVE:
Kathmandu, October 21
Police have arrested three persons in connection with fake Nepali currency bank notes, along with printing machine,
from a rented flat at Naya Basti in Gokarneshwor Municipality-3, Kathmandu, today.
A special team of Bouddha Metropolitan Police arrested
the trio by raiding the second-floor flat of the house belonging to Roshan Dawadi at around 6:00am today
Police said the illegal act of printing fake currency was going on since Dashain
Acting on a tip-off, the raid was carried out.
Police added that house owner Dawadi was a former inspector of Nepal Police and was
cooperating with the investigation.
The arrested have been identified as Rajan Pariyar, 28, Santosh Nepali, 35, and Mahendra Nepali, 21
All the arrested hail from Melung Rural Municipality, Dolakha.
Police confiscated 34 fake bank notes of Rs 1,000 denomination that wereready
for circulation in the market.
Similarly, 290 pieces of paper to be used for printing Rs 1,000 fake bank notes, colour photocopy machine and
fake ribbons used in currencies, among 43 other items, were seized from the operation centre.
Police said counterfeiters had already
exchanged up to Rs 60,000 in the market.
Deputy Superintendent of Police Ramesh Bahadur Singh of Bouddha Police Circle said the fraudsters
themselves visited busy market places during Dashain and purchased various items using fake currency.
Singh added, &Most of them bought
recharge cards worth Rs 100 from various street vendors and local shops by giving fake Rs 1,000 notes and receiving Rs 900.&
According to
Singh, the fake bank notes lacked many of the security features, including water marks
He said, &They had also used fake ribbons on the notes, to give the impression of genuine note.&
He further said police were further
investigating how the perpetrators acquired the skill to duplicate currency.
Police have alerted the general people about being swindled by
such people, and urged them to contact the police as soon as they encountered any duplicate currency.
The post Three nabbed with fake bank
notes, printing machine appeared first on The Himalayan Times.
