Mysore/Mysuru, Jan. 28 -- * Davanagere Police bust racket; six including MBA graduate arrested

* Counterfeit currency notes worth Rs. 20 lakh already circulated

The Davanagere Police have busted a fake currency racket engaged in the production and circulation of counterfeit Indian currency. Six persons including an MBA graduate, have been arrested and authorities have confiscated counterfeit notes amounting to Rs 7.7 lakh, along with a car, laptops, colour printers and paper cutters.

Notably, counterfeit currency notes amounting to Rs. 13 lakh to Rs. 20 lakh have already been circulated by the accused in the last three months.

According to Davanagere Superintendent of Police (SP) Uma Prashanth, the Police acted on a tip-off about atte...