Bengaluru, May 3 : Police have nabbed three people, including two BMTC Drivers and a Photographer and seized from them fake currency of 81 lakh from them in the outskirts of the city today.
Police said on Friday that, the trio were trying to exchange fake currency of 50 lakhs at Kogile Cross in Yelahanka Police station limits in the outskirts of the city when they were nabbed. On their information the police further recovered fake currency of 31,30,000.
The arrested were identified as Somanna Gowda (BMTC Driver cum Conductor), Kiran Kumar (Photogapher) and Nanjegowda (BMTC Driver).
Besides, Police have seized computer and other materials used for producing fake currency notes.
Police Commissioner Sunil Kumar, addressing a press conference, said that Somanagowda, who was working as Driver cum Conductor, came in contact with a passenger from Chitradurga, who was giving fake currency double the original currency. He paid Rs one lakh original currency for two lakh fake currency and used to translate them. Later he became greedy and sold his land for Rs 8 lakhs and gave it to his friend demanding double fake currency notes.
His friend instead of giving fake currency double the cash received, he gave him the technology to produce fake notes. With the technology he produced fake currency for 81.30 lakhs and with the help of his friends Nanjegowda he was trying to exchange the fake currency into original when they also developed friendship with Photographer Kiran Kumar and all the three indulged in the crime.
Congratulating the team which succeeded in nabbing the trio, the Commissioner announced cash award of Rs one lakh to the team led by DCP Kalakrishnaswamy.
Yelahanka Police have registered a case and are on the look out for the person who gave the technology for producing fake currency, he added.
