LATEST UPDATECounterfeit currency racket busted in Lucknow, two brothers arrested, links traced to Delhi
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Counterfeit currency racket busted in Lucknow, two brothers arrested, links traced to Delhi

Lucknow police have dismantled a counterfeit currency operation, arresting two brothers who were exchanging fake notes at a rate of 2.5 times the value of genuine currency. According to Amar Ujala, the racket was being managed by their cousin based in Delhi. Authorities are currently investigating the network to identify other members involved in the illegal scheme.

Lucknow police have uncovered an illegal counterfeit currency operation in the Hasanganj area. Two brothers, identified as residents of Sarai Hasanganj, Mohammad Mustakim and Suleman, have been taken into custody. According to police reports, the duo had been actively circulating fake notes in the local market for some time.

As reported by Amar Ujala, the gang operated through a specific scheme. The accused would offer two and a half lakh rupees in counterfeit notes in exchange for one lakh rupees in genuine currency. This lure was used to trap individuals and inject fake currency into the local economy.

Investigations have revealed that the mastermind behind the racket is based in Delhi. The arrested brothers were working under the direction of their cousin, Haroon, who operated the network from the national capital. Haroon was responsible for supplying the fake notes to Lucknow, which were then distributed by Mustakim and Suleman.

Police had been receiving intelligence regarding the gang's activities for some time. Acting on specific information provided by informants, the authorities set a trap and successfully apprehended the two brothers. During interrogation, the accused provided significant details about their operational methods and their associate in Delhi.

According to Amar Ujala, the police are now coordinating with their counterparts in Delhi to track down Haroon. Officials believe the network may have connections in other cities as well. The primary focus of the investigation is to dismantle the entire infrastructure of the gang.

This incident has caused concern among local residents. Given the potential damage to the economy caused by counterfeit currency, the police are treating the matter with high priority. Interrogation of the brothers is ongoing, and police are currently scrutinizing their other contacts.

Further arrests are expected in the coming days as the investigation progresses. The police have urged the public to report any suspicious transactions immediately. The investigation remains active, and authorities have expressed confidence in exposing the entire network soon.

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Original references

01अमर उजाला नेटवर्क, लखनऊOpen original report ↗