Early Times Report
SRINAGAR, Sept 27: Police in Magam have apprehended three individuals, including two students, for their alleged involvement in circulating fake Indian currency notes (FICN). Officials confirmed that the arrests were made during a routine operation following credible inputs about suspicious monetary dealings in the area.
According to police sources, the accused have been identified as Bashrat Bashir Rather, a 17-year-old student from Archander Hama in Budgam; Mohammad Shafie Ganaie, 37, from Mazhama Magam in Budgam; and Abid Manzoor, 17, a higher secondary student from Kawoosa Khalisa.
Police said that fake notes amounting to 27,500 rupees were recovered from the possession of Bashrat Bashir Rather, while counterfeit currency worth 5,500 rupees was seized from Abid Manzoor. The total recovery from the operation amounted to 33,000 rupees in fake notes.
A senior police officer in Magam stated that further investigation is underway to ascertain the source of the counterfeit currency and whether the arrested individuals were part of a larger network. “We are probing how the notes reached them and whether more people are involved in the circulation racket,” the officer said. |
