Fake currency in Ratia town

 

The Tribune, January 14, 2002

 Five held in fake currency racket
Our Correspondent

Fatehabad, January 13
The police today busted a gang involved in the printing of fake currency notes and arrested five persons at Ratia town in the district.

The district police chief, Mr Hanif Qureshi, told mediapersons that the police received a tip-off that Dhari and Mukhi, residents of Ratia, were possessing fake currency notes. When a police party led by Mr Charan Singh, ASI, rounded up these persons, they tried to bribe him and offered him Rs 7,000 to let them off.

Upon interrogation, they revealed that Ladi, alias Surender Singh, a computer centre owner at Ratia, was running a fake currency racket. The police raided Ladi’s residence and seized a HP laser jet colour printer worth Rs 5 lakh, a scanner and a computer used to print fake currency notes.

The police also seized fake currency notes of 50,100 and 500 denominations, amounting to Rs 15,700. Ladi managed to escape but the police succeeded in arresting his accomplices, identified as Gurcharan Singh, Ashok Kumar and Inderjit Singh. Mr Qureshi said Inderjit Singh was a former employee of Punjab & Sind Bank whose services had been terminated due to embezzlement charges against him.