Bank staffer among three persons held for circulating counterfeit currencies in Vellore
The police recovered counterfeit currencies totalling upto ₹8,700
Three individuals, comprising a bank employee, were apprehended by the K.V. Kuppam police on Tuesday for circulating counterfeit ₹100 notes in the Vellore region. The accused were identified as G. Velmurugan, a 29-year-old Vellore bank employee, R. Ganesan, a 23-year-old farmer from Ranipet, and K. Satish, a 30-year-old saloon owner in Walajah town.
Prior to this arrest, other gang members K. Mohanraj, a 47-year-old farmer from K.V. Kuppam village, and his associate M. Murugan, a 52-year-old lorry driver, were also taken into custody. Initial investigations indicated that Murugan had purchased counterfeit ₹100 notes from a Tasmac outlet in Nakkal village near Gudiyatham town last week.
He later informed the K.V. Kuppam police, who conducted an inquiry and traced the source of the counterfeit currency to Mohanraj. The police recovered counterfeit notes amounting to ₹8,700 from the suspects. Upon interrogation, the arrested individuals provided the police with information about the hideout of other gang members, leading to their subsequent arrest. An ongoing probe is being conducted into the matter.
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