Sonepur: Police on Sunday arrested three persons after a raid led to seizure of Fake Indian Currency Notes (FICN) with a face value of Rs 4.01 lakh in Odisha’s Sonepur district.
Those arrested have been identified as Jayanarayan Bastia (27) of Rengali under Lachhipur police limits, Abhisek Hota (23) of Phulmuti under Binika police limits, and Ashok Naik (28) of Betrapada under Binika police limits.
According to sources, during the raid, Binika Police recovered 803 counterfeit currency in Rs 500 denomination, all carrying serial numbers 6SR856701, 6SR856668, 6SR856661, and 6SR856618. The seized fake notes amounted to Rs 4,01,500 in face value.
In addition to the counterfeit currency, police also seized three mobile phones from the accused, who allegedly engaged in circulating fake notes in different parts of the district.
Further investigation is underway to trace the source of the counterfeit currency and identify other accomplices.