Seven arrested for printing fake currency notes in Uppinangady
Dakshina Kannada police arrested seven individuals for printing fake ₹500 currency notes in a rented house in Belthangady. Authorities seized printing equipment and several sheets of counterfeit notes, noting that the suspects had not yet circulated the currency.
Why it matters
Counterfeiting operations pose a significant threat to financial stability and require active law enforcement intervention.
An A4 sheet bearing prints resembling ₹500 currency notes was among the materials seized by the Dakshina Kannada police during a raid in Belthangady taluk on Wednesday night. | Photo Credit: Supplied photo
The Dakshina Kannada police raided a house in Belthangady taluk on Wednesday night and arrested seven persons on charges of printing fake Indian currency notes with a face value of ₹500.
Talking to reporters here, Dakshina Kannada Superintendent of Police (SP) K. Arun said that, acting on a tip-off, a team from the Uppinangady police station led by Police Sub-Inspector (SI) Sutesh K.P. raided the house in Adenja, Kaniyuru village, in Belthangady taluk. They seized 21 A4 sheets bearing prints resembling ₹500 currency notes. The police also seized a ₹500 currency note, a computer, a photocopier, seals, security thread and paper cutters used to cut the sheets.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in