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Over ₹34 Lakh in Fake Currency Seized in Guwahati, Two Arrested

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HT Digital

June 25, Tuesday:

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In a major operation against counterfeit currency, Guwahati police have seized over ₹34 lakh in fake notes and apprehended two individuals connected to the illegal activity. The seizure is a significant step in curbing the circulation of counterfeit currency in the region.

The operation was carried out based on specific intelligence inputs, leading the police to a location in Guwahati where the counterfeit currency was being stored. Upon raiding the premises, law enforcement officers discovered the substantial amount of fake notes, meticulously designed to resemble legitimate currency.

The two individuals arrested in connection with the case have been identified as key players in the distribution network of counterfeit currency. Preliminary investigations suggest that they were involved in a larger operation aimed at flooding the market with fake notes, potentially destabilizing the local economy.

Authorities are now intensifying their efforts to uncover the full extent of the counterfeit currency network. Further investigations are underway to identify other members of the syndicate and trace the origins of the fake notes. The police are also examining whether there are links to similar operations in other parts of the country.

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The seizure of such a large quantity of counterfeit currency underscores the ongoing challenges faced by law enforcement agencies in tackling financial crimes. This successful operation highlights the vigilance and effectiveness of the Guwahati police in safeguarding the region’s economic integrity.

The arrested individuals are currently in police custody, and charges are being prepared against them under relevant sections of the law. The authorities have assured the public that stringent measures are being taken to prevent the recurrence of such activities and to protect the financial stability of the community.

This operation serves as a stark reminder of the importance of remaining vigilant against counterfeit currency and other financial crimes, which can have far-reaching consequences on the economy and public trust.

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The Hills Timeshttps://thehillstimes.in/
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