2 officials of co-op society detained
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BHUBANESWAR: Balangir police on Thursday detained two senior officials of a credit cooperative society, suspecting their involvement in a fake currency racket.
Police said 57 counterfeit currency notes of Rs 500 denomination were found from cashier of the multi-state multi-purpose credit cooperative society, Samruddha Jeevan.
The fake notes were detected by an employee of a State Bank of India branch where the employee went to deposit the amount.
"The agent had gone to deposit Rs 49,110 to the bank. Rs 28,500 of the Rs 500 denomination were found to be fake," said Tareq Ahmed, IIC town police station.
Ahmed said the cashier and branch manager of the cooperative society were detained. Police suspect a fake currency rancket, involving the society officials. "We are questioning the officials and probing the trail of the fake money. Prima facie it appears the officials may be involved in circulating the fake amount," Ahmed said.
The society is involved in raising crores of money from investors in the locality.
A fake currency racket was busted in adjoining Bargarh district busting in February. A police team had seized fake notes in Rs 500 and Rs 1000 denominations from a computer centre at Barpali township....for more info please hit the below link.
Police said 57 counterfeit currency notes of Rs 500 denomination were found from cashier of the multi-state multi-purpose credit cooperative society, Samruddha Jeevan.
The fake notes were detected by an employee of a State Bank of India branch where the employee went to deposit the amount.
"The agent had gone to deposit Rs 49,110 to the bank. Rs 28,500 of the Rs 500 denomination were found to be fake," said Tareq Ahmed, IIC town police station.
Ahmed said the cashier and branch manager of the cooperative society were detained. Police suspect a fake currency rancket, involving the society officials. "We are questioning the officials and probing the trail of the fake money. Prima facie it appears the officials may be involved in circulating the fake amount," Ahmed said.
The society is involved in raising crores of money from investors in the locality.
A fake currency racket was busted in adjoining Bargarh district busting in February. A police team had seized fake notes in Rs 500 and Rs 1000 denominations from a computer centre at Barpali township....for more info please hit the below link.
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